COVID 19 Ontario deficit expected to hit $38.5B; Ontario active case drop to level not seen in months
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The provincial government is now predicting a $38.5-billion deficit for 2020-21 – up from a $20.5-billion deficit forecast at the end of March, largely due to higher costs for COVID-19 relief, Ontario Finance Minister Rod Phillips said Wednesday in a quarterly fiscal update. The original $17-billion COVID-19 response plan announced March 25 has grown to […]
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