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Archive: 2019

Economic and  Budget Outlook: Assessing Ontario’s Medium-Term Budget Plan

Economic and Budget Outlook: Assessing Ontario’s Medium-Term Budget Plan

Dec 9, 2019

This report is an update on Ontario’s economic and budget outlook. The FAO projects Ontario’s budget deficit will increase to $8.5 billion in 2019-20, up from $7.4 billion last year.

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Expenditure Monitor 2019-20: Q2

Expenditure Monitor 2019-20: Q2

Dec 2, 2019

The Expenditure Monitor is a new type of report, and the first of its kind from the FAO, intended to assist Members of Provincial Parliament track provincial spending and changes to program budgets over the course of the year.

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Expenditure Estimates: Ministry of Transportation

Expenditure Estimates: Ministry of Transportation

Nov 14, 2019

This report supports the Standing Committee on Estimates’ review of the Ministry of Transportation’s 2019-20 Expenditure Estimates.

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Long-Term Care Homes Program: A Review of the Plan to Create 15,000 New Long-Term Care Beds in Ontario

Long-Term Care Homes Program: A Review of the Plan to Create 15,000 New Long-Term Care Beds in Ontario

Oct 30, 2019

This report looks at the waitlist for a long-term care bed in Ontario which reached nearly 35,000 individuals in 2018-19, a 78 per cent increase from 2011-12.

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Update on Ontario’s Credit Rating

Update on Ontario’s Credit Rating

Oct 28, 2019

This is an update on Ontario’s credit rating, which is determined by four major international credit rating agencies, based on their assessments of the province’s economic and financial outlook.

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Understanding Ontario’s 2018-19 Deficit

Understanding Ontario’s 2018-19 Deficit

Oct 17, 2019

This report is a commentary that explains why Ontario’s deficit doubled from $3.7 billion in 2017-18 to $7.4 billion in 2018-19.

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Expenditure Estimates 2019-20: Ministry of Education

Expenditure Estimates 2019-20: Ministry of Education

Sep 26, 2019

This report supports the Standing Committee on Estimates’ review of the Ministry of Education’s 2019-20 Expenditure Estimates.

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Child Care In Ontario: A Review of Ontario's New Child Care Tax Credit

Child Care In Ontario: A Review of Ontario's New Child Care Tax Credit

Sep 24, 2019

The report assesses the financial and economic implications of the government’s new childcare tax credit: the ‘Childcare Access and Relief from Expenses’ or ‘CARE’ tax credit.

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2018-19 Annual Report

2018-19 Annual Report

Jul 29, 2019

The FAO’s 2018-19 annual report summarizes the FAO’s activities during his first year in office to support all MPPs of the Legislative Assembly.

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Assessing the Impact of an Economic Downturn on Ontario’s Finances

Assessing the Impact of an Economic Downturn on Ontario’s Finances

Jun 25, 2019

This report is a commentary that assesses the impact of an economic downturn on the government’s budget plan.

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The Financial Accountability Office was established by the Financial Accountability Officer Act, 2013.

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