The Financial Accountability Office of Ontario (FAO) released a new report on Tuesday. The report says strong revenue growth, even though it is projected to
The report says strong revenue growth, even though it is projected to slow from its current pace, is set to outpace spending up to 2027-28.
The FAO also says that the government’s current spending plan contains $40 billion in funding shortfalls over six years, though it also contains $44 billion in unallocated contingency funds, which could be used to address those shortfalls. The Ontario Liberal party says the FAO’s report shows the Ford Government is choosing to shortchange healthcare and education sectors.
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