The report provides a forecast of Ontario’s economy and fiscal position through 2050, based on current fiscal policies.
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.
This report is a commentary that assesses the impact of an economic downturn on the government’s budget plan.
Based on the FAO’s outlook for slower economic and revenue growth, and incorporating the government’s spending plans, the FAO projects Ontario’s budget deficit would decrease to $10.8 billion in 2019-20, down modestly from $11.7 billion in 2018-19.
This report is an assessment of the personal income of Ontarians.