Tag: Ontario Budget
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Ontario Wants To Intro Financial Accountability Officer
The Ontario government will introduce legislation to establish a Financial Accountability Officer, an independent officer of the Legislative Assembly. Ontario is the first province in Canada to introduce this oversight measure. If the legislation is passed, the Financial Accountability Officer would provide independent analysis to all MPPs about the state of the province’s finances, including…
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Liberals: Ontario remains on track to eliminate deficit by 2017-18
The deficit projection for the current fiscal year has improved by more than $400 million from the 2012 Budget forecast to $14.4 billion. The province remains on track to meet the 2012 Budget deficit targets in 2013-14 and 2014–15 and for the deficit to be eliminated by 2017–18. Ontario is projecting growth in real gross…