Ontario's Economic Outlook Grim with Projected Tripled Deficit and Slow Growth in 2024 Budget
Tuesday, 26 March 2024, 21:06
Ontario deficit to Triple in 2024 Budget
High interest rates are forecasted to adversely affect Ontario's economy this year, leading to a weakened economic performance and a significant increase in the deficit. The projections in the 2024 budget paint a concerning picture of Ontario's financial situation.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.