Thursday, April 26, 2018

AG: ONTARIO'S DEFICIT IS REALLY $11.7BILLION

   Toronto Sun: “We concluded that the Pre-election Report is not a reasonable presentation of Ontario’s finances,” Auditor General Bonnie Lysyk says in her bombshell review of an Ontario’s finances report submitted by the government.
   The auditor general says the province’s operating deficit this year is really $11.7 billion, 75% higher than what was projected in the spring budget.
   Any political party coming into office after the June vote would face a minimum $5 billion deficit – even without matching the billions in promised new spending announced by the Wynne Liberals in their spring budget, Lysyk said.

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