Ontario Lowers Deficit Forecast

This is a Ontario news story, published by financialpost, that relates primarily to Peter Bethlenfalvy news.

Ontario news

For more Ontario news, you can click here:

more Ontario news

Peter Bethlenfalvy news

For more Peter Bethlenfalvy news, you can click here:

more Peter Bethlenfalvy news

News about inflation

For more inflation news, you can click here:

more inflation news

financialpost news

For more news from financialpost, you can click here:

more news from financialpost

About the Otherweb

Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like this article about inflation, you might also like this article about

balanced budget

. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest deficit news, lower deficit news, news about inflation, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!

fiscal update

financialpost

•

Ontario sets stage to balance budget on boost from population, jobs and changes to capital gains taxes

Summary

Nutrition label

71% Informative

Ontario has sharply lowered its projected deficit for next year , setting the stage for a balanced budget.

The province attributes the more positive outlook to population growth, more jobs, reduced inflation, lower interest rates and a boost from changes to capital gains taxes from the federal government.

Finance Minister Peter Bethlenfalvy said the province is not committing to balance the books this spring .

- Ontario grocers wary of new recycling rules with alcohol sales - Ontario to extend gas tax cut through June 2025 , Ford says As part of the fall fiscal update, the province also recently announced it would cover the costs of tuition for more than 1,000 medical school students who commit to practising family medicine in Ontario . It is also spending $150 million to expand the province’s in vitro fertilization program. The province will also give $100 million more per year to municipalities as part of a general fund..

VR Score

Informative language

Neutral language

Article tone

informal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful