News

Ontario budget forecasts $14.6B deficit, slower growth in wake of U.S. tariffs
U.S. President Donald Trump’s tariffs cast a pall over Ontario’s budget Thursday, dragging down GDP growth and knocking the ...
Ontario expects budget deficit to more than double in face of US tariffs
Ontario, Canada's most populous province and manufacturing powerhouse, on Thursday forecast its widest budget deficit since ...
Ontario projects $14.6-billion deficit in budget as it wrestles with U.S. tariffs
With levies on auto, steel and aluminum industries, province forced to change previous estimate of a $1.5-billion deficit ...
Ontario to Sell More Debt Abroad as Deficit, Spending Grow
Ontario plans to borrow C$59.8 billion ($42.7 billion) to fund a larger budget deficit and spending on highways and other ...
Ontario tables tariff-era budget with bigger deficit and bleak economic outlook
Finance Minister Peter Bethlenfalvy presented the government’s 2025 budget, a document dominated by the tariff response and ...
Why Ontario's 1.5M new homes target looks increasingly out of reach
The new Ontario budget forecasts a slow pace for housing construction over the next three years, making the likelihood of ...
Trade War Brings Ontario Budget Deficit to Near Pandemic Levels
Ontario’s budget shortfall is expected to reach its highest level since the beginning of the Covid-19 pandemic as the effects ...
Ontario budget 2025: Province projects $14.6-billion deficit amid tariffs
The Ontario government tabled a budget projecting a $14.6 billion deficit as it outlined billions of dollars in measures it ...
iPolitics4d
Ontario projects steeper $14.6 billion deficit, promises supports for business impacted by tariffs
Some of the biggest ticket items in Thursday's budget include the new $5 billion Protect Ontario Fund to support businesses ...
Ontario deficit grows $10B as province tables $232.5B budget aimed at protecting economy from tariffs
Ontario’s deficit is expected to balloon by another $10 billion in 2025-26 as the Ford government spends billions of dollars ...
Audit shows how promotions and pay bumps contributed to TVDSB's $16M deficit
An investigation into the Thames Valley District School Board's finances found instances of mismanagement, including ...
Reuters4d
Ontario expects budget deficit to more than double in face of US tariffs
TORONTO, May 15 (Reuters) - Ontario, Canada's most populous province and manufacturing powerhouse, on Thursday forecast its widest budget deficit since the height of the pandemic, more than ...