News Source: Toronto Star
| about 1 month ago
Every Ontario man, woman and child owes an additional $1,891 thanks to a record provincial deficit of $24.7 billion, greater even than the impact of Ottawa's massive shortfall on each Canadian. Finance Minister Dwight Duncan delivered the revised...
News Source: The Globe and Mail
| about 1 month ago
F or Dalton McGuinty and Dwight Duncan, it's not the big number that's the problem. To be clear, $24.7-billion is not just a big number – it's an astronomical one. It's far and away the largest deficit in Ontario's history, and it's bigger than it...
News Source: Macleans
| about 1 month ago
Ontario is projecting a record deficit of $24.7 billion for 2009-10 amid a massive drop in revenues that has prompted a review of government services...The government is no longer saying the province will return to balanced budgets by 2015, but...
News Source: Toronto Star
| about 1 month ago
Ontario Financial Minister Dwight Duncan in the Queen's Park Media Studio. Ontario's already record budget shortfall has ballooned to a staggering $24.7 billion – billions higher than economists expected – and "difficult choices" loom, warns...