Tuesday, November 15, 2016

ONTARIO LIBERAL FALL ECONOMIC STATEMENT: SMOKE & MIRRORS

The province is in a “dire fiscal state,” Fedeli said.
In order to balance the 2017-18 budget, the government is taking $600 million from contingency funds. And it’s looking for another $800 million from a one-time sale of assets.
“The financial accountability officer (FAO) has said the Liberal government is using one-time money from asset sales and contingency funds to artificially balance the budget, and today’s Fall Economic Statement confirms they’re doubling down on this reckless strategy.
 

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