Ontario finance minister to table fall economic update
Original article ↗Key figures
Ontario closed out the 2025-26 fiscal year with a $13-billion deficit, and Bethlenfalvy says that this year’s is projected to be higher, which would be in line with the spring budget forecast of $13.8 billion.
Premier Doug Ford also recently announced more than $8 billion in joint funding to protect tariff-hit industries, including provincial funding of $1.67 billion for a steel action fund and $1 billion for the automotive industry.
Quoted verbatim from the article — not summarised.
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Excerpt from Global News
POLITICS
Ontario finance minister to table fall economic update
By Allison Jones The Canadian Press
Posted October 29, 2026 7:56 am
WATCH: Ford says Ontario ‘can’t accept the status quo’ as tariffs disrupt trade – May 1, 2026
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Ontario Finance Minister Peter Bethlenfalvy is set to provide an update on the province’s finances Thursday by tabling his government’s fall economic statement.
In a recent speech, Bethlenfalvy said Ontario has weathered the impact of tariffs better than economists had predicted, but the slower economy has affected the deficit.…
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Read full article at Global News ↗
Local coverage · Ontario
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