Ontario\u0027s finance minister says the province\u0027s economy is resilient enough to withstand a possible recession.
Play Video
Peter Bethlenfalvy says the fiscal situation has improved by billions of dollars, although still running at a deficit.Sign up to receive daily headline news from the Ottawa SUN, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc.
Bethlenfalvy says the improvement is due to higher corporate tax revenue and increased revenue from sales taxes..He says after unprecedented investments during the pandemic, it’s now time for the province to show restraint. Bethlenfalvy says the province, like the rest of the world, continues to face pressures from high inflation, increased interest rates, geopolitical issues and supply chain disruptions.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ontario resilient enough to weather possible recession, finance minister saysOntario\u0027s finance minister says the province\u0027s economy is resilient enough to withstand a possible recession.
Read more »
Uncovering the real numbers behind who in Ontario lacks access to a family doctorNumber of Ontarians without a family doctor rose significantly during the first two years of the pandemic as access to primary care is deteriorating in Canada’s most populous province
Read more »
Ontario driver charged after police find mountain of beer cans in front seat, OPP sayThe driver was caught on Feb. 10, during a daytime RIDE check on Grey Road 17 in the township of Georgian Bluffs, according to the OPP.
Read more »
Eastern Ontario man charged in child exploitation investigationA Hawkesbury, Ont. man has been charged after a child sexual exploitation investigation.
Read more »
Northwestern Ontario sees the green lithium rushLithium exploration activity starts to surge in Nipigon, Red Lake
Read more »