Reports




  1. September 17, 2025
    This report provides the FAO’s outlook for Ontario’s economy and finances over the 2024-25 to 2029-30 period.
  2. May 29, 2025
    This report provides a summary of the 2025 Ontario Budget, including the outlook for the economy, budget balance, debt burden, revenues and spending.
  3. April 9, 2025
    This report reviews Government of Ontario spending trends from 1990-91 to 2023-24. The report also reviews trends in federal government transfers to Ontario and analyzes federal transfers as a share of provincial spending.
  4. January 27, 2025
    This report estimates the financial impact to the Province regarding the decision to expand Ontario’s beverage alcohol marketplace for beer, wine, cider and ready-to-drink alcohol beverages, including the cost to accelerate that expansion to begin in 2024.
  5. May 15, 2024
    This report provides the FAO’s outlook for Ontario’s economy and the Province’s finances over the 2023-24 to 2028-29 period.
  6. April 10, 2024
    This report provides a comparison of Ontario government revenues, spending, budget balance and net debt with other Canadian provinces.
  7. February 13, 2024
    This report provides the FAO’s outlook for the provincial economy and the Province’s finances over the 2023-24 to 2027-28 period.
  8. June 13, 2023
    This Economic and Budget Outlook report provides the FAO’s projection of the Ontario government’s fiscal position over the 2022-23 to 2027-28 period based on information available up to May 19, 2023.
  9. February 7, 2023
    This Economic and Budget Outlook report provides the FAO’s projection of the Ontario government’s fiscal position over the 2022-23 to 2026-27 period, based on information available up to January 25, 2023.
  10. October 27, 2022
    This Economic and Budget Outlook report provides the FAO’s projection of the Ontario government’s fiscal position to 2027-28, based on information available up to October 12, 2022.