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Category : Economy

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Long-Term Budget Outlook: Fiscal Implications of the Government’s Program Reforms: 2020-2050

Long-Term Budget Outlook: Fiscal Implications of the Government’s Program Reforms: 2020-2050

Mar 11, 2020

The report provides a forecast of Ontario’s economy and fiscal position through 2050, based on current fiscal policies.

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Labour Market Report 2019

Labour Market Report 2019

Jan 30, 2020

This is the 2019 annual publication on Ontario’s labour market.

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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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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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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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Economic and Budget Outlook, Spring 2019

Economic and Budget Outlook, Spring 2019

May 22, 2019

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.

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Income in Ontario: Growth, Distribution and Mobility

Income in Ontario: Growth, Distribution and Mobility

Jan 31, 2019

This report is an assessment of the personal income of Ontarians.

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Economic and Budget Outlook, Fall 2018

Economic and Budget Outlook, Fall 2018

Dec 10, 2018

The Fall 2018 Economic and Budget Outlook provides the FAO’s latest economic forecast and an updated assessment of the Province’s fiscal outlook.

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Update on Ontario’s Credit Rating

Update on Ontario’s Credit Rating

Sep 18, 2018

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

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