It provides guidance from Elections Ontario about how to comply with the Election Finances Act. "Eventually we will hit heavier weather. THE CANADIAN PRESS/Nathan Denette
Those targets no longer appear in the latest budget, and the province is projecting a net-debt-to-GDP ratio of 35.5 per cent by 2025-26.Ontario Finance Minister Charles Sousa, right, and Premier Kathleen Wynne receive the 2017 Ontario budget books at Queen's Park in Toronto on Thursday, April 27, 2017.
Ontario's debt is ballooning as the Liberal government takes the province back into deficit in its final budget before a spring election. He also said the government has built in a "tremendous amount of prudence and reserves" in its fiscal plan for any potential shocks to the system. The governing Progressive Conservative Party of Ontario, led by Premier Mike Harris, was re-elected to a second majority government.
The unemployment rate was 5.5 per cent in February, one of the lowest jobless rates the province has seen. You can examine financial and registration information for political parties, constituency associations, candidates and leadership contestants. Our office hours are Monday to Friday, 8:30 AM to 4:30 PM (Eastern Time).If you are a chief financial officer (CFO) for an Ontario provincial political entity (a party, candidate, constituency association, leadership contestant or third party), you need to know the financial filing requirements for that entity under the At least not an economic rationale," Alexander said. Doug Ford’s first Ontario budget to focus on deficit, childcare rebates and symbolic moves.
Conference Board of Canada economist Craig Alexander said while there is some logic for programs in the budget such as free child care for preschoolers that will increase labour participation in the long run, the growing cost of servicing a larger debt cuts into spending on other priorities.
The net-debt-to-GDP ratio is up to roughly 37.6 per cent this year, marking the first increase since it peaked in 2014-15 at 39.3 per cent. This is because the Office of the Commissioner of Canada Election and the Office of the Director of Public Prosecutions operate within the same organization, not separate organizations with their own votes in the Main Estimates. Interest on debt remains the government's fourth-largest spending area at $12.5 billion this year, and is projected to grow to $13.8 billion by 2020-21, and $16.9 billion by 2025-26.
"We will restore fiscal responsibility in Ontario."