Stephen LeClair, Ontario’s Financial Accountability Officer says that according to the FAO’s projections there will be a small deficit of $600 million in 2017-18 but given the flexibility built into the fiscal plan, “the Province should be able to achieve its commitment of balancing the budget in 2017-18.” However, LeClair says that “maintaining balanced budgets in Ontario will be an on-going challenge.”
Re: Misrepresentation of Testimony before the Standing Committee on General Government
Joint memorandum from the Ministry of Health and Long-Term Care and Treasury Board Secretariat in response to information request FA1509-02 dated February 23, 2016.