This report provides an update on Ontario’s credit rating as of January 2023.
This report examines the impacts of more extreme rainfall on the long-term costs of maintaining public linear storm and wastewater infrastructure in a state of good repair.
This report provides information on spending by the Government of Ontario through the first two quarters of the 2022-23 fiscal year.
This report analyzes the Ministry of Education’s spending plan as set out in the 2022 Ontario Budget and the 2022-23 Expenditure Estimates.
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.
This report analyzes Ontario Public Sector employment and compensation. The report provides an overview of public sector employment in Ontario, discusses upcoming collective bargaining negotiations and the application of wage restraint under Bill 124, projects provincial spending on employee compensation over the next five years, and discusses three key risks to this projection: inflation, the court challenge to Bill 124 and staffing shortages.
This report examines how changes in extreme rainfall, extreme heat and freeze-thaw cycles will impact the long-term costs of maintaining public transportation infrastructure in a state of good repair.
This report provides information on spending by the Province through the end of the first quarter of 2022-23 (April 1, 2022 to June 30, 2022).
This report summarizes the FAO’s work in support of its mandate to provide all MPPs of the Legislative Assembly with relevant, authoritative, and timely information on the financial impact of government policies.
This report provides information on spending by the Province through the end of the 2021-22 fiscal year (March 31, 2022).
This report analyzes the impact in 2019-20 of Ontario families’ contributions to provincial government revenues and the benefits they received from provincial government spending. Using 2019-20 as a representative year, the report estimates how many families were net beneficiaries from provincial government revenue collection and spending, and how many were net contributors.
This Economic and Budget Outlook provides the FAO’s projection of the Ontario government’s fiscal position to 2026-27, based on information available up to March 28, 2022.
This report provides a comparison of Ontario government revenue, program spending, budget balance, net debt, and interest expense with other provinces based on Statistics Canada’s Government Finance Statistics, focusing on results from the 2020-21 fiscal year.
This report provides a projection of Ontario’s economy and fiscal position through 2050. The report assesses Ontario’s long-term fiscal sustainability, discusses factors that will affect the government’s program expenditures and revenue performance, and provides details on the FAO’s economic outlook including analysis of underlying demographic trends over the projection period.
This report provides information on spending by the Province over the first three quarters of the 2021-22 fiscal year.
This report provides an update on Ontario’s labour market performance in 2021, highlights major challenges facing the province’s workers, and includes a brief overview of the impact of the COVID-19 Omicron variant on employment in January 2022.
This report examines the Province’s nine energy and electricity subsidy programs, estimates the cost of the programs over 20 years, and reviews how the programs affect the electricity bills of Ontario households and businesses. The report also identifies changes to the subsidy programs since the introduction of the Fair Hydro Plan in 2017 and estimates the cost of those changes. Finally, the report discusses how the Province plans to achieve its commitment to lower electricity bills by 12 per cent.
This report provides the FAO’s projection of the government’s fiscal position over the 2021-22 to 2023-24 period. The report compares the FAO’s outlook to the government’s plan presented in the 2021 Fall Economic Statement for budget balance, key debt measures, revenues and program spending.
This report introduces the Costing Climate Change Impacts on Public Infrastructure project, which provides projections of the long-term costs that certain climate change hazards will impose on Ontario’s provincial and municipal infrastructure budgets. The report outlines the context and methodology, describes the climate hazards included in the project, and discusses the projections of these hazards to public infrastructure. Results will be published in three sector reports for buildings, transportation, and water infrastructure.
This report estimates the impacts of changes in extreme rainfall, extreme heat and freeze-thaw cycles on the long-term costs of maintaining public buildings in a state of good repair. The report shows that these climate hazards will materially increase the cost of maintaining public buildings in Ontario, and the future severity of climate change will have a direct impact on provincial and municipal infrastructure budgets.