Tag: Ontario budget
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Ontario Budget: Deficit ballooning to $9.8B, new medical school opening
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TORONTO – Ontario is delaying its path to balance as lethargic economic growth drags the province’s books further into the red, with a $9.8-billion budget deficit projected for the coming fiscal year. Finance Minister Peter Bethlenfalvy acknowledged the challenging economic times Tuesday, saying life has rarely been this expensive, though his budget contains few new…
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Ontario Tories’ pre-election budget loaded with big-ticket items
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Ontario’s Progressive Conservatives are veering off a path to balance with an election budget loaded with billions of dollars in hospital, highway and transit investments. The document, set to serve as the Tory platform during a campaign expected to kick off next week, has the party projecting Ontario will be $19.9 billion in the red…