Ontario projects larger deficit at $16.9B, delayed balance

The Canadian Press: Peter Bethlenfalvy’s spring budget had projected a $13.8-billion deficit this year, but his fall economic statement now says there will be $16.9 billion in red ink.

…The province also projected in the budget that the books would be balanced in 2028-29, but Bethlenfalvy now says that won’t happen until 2029-30.

This marks the fourth time since 2024 that Premier Doug Ford’s government has pushed its path to balance by a year…

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