Ontario’s Financial Accountability Office (FAO) provides the Legislative Assembly of Ontario with independent analysis on the state of the Province's finances and trends in the provincial economy, and on bills and other proposals to support the Assembly’s performance of its constitutional responsibility.
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Latest News and Publications
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Jul 26, 2016The FAO’s 2015-16 annual report describes the FAO’s activities during the office’s first full year of work and examines the unexpected challenges the FAO has faced in accessing information.
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May 18, 2016The FAO’s Economic and Fiscal Outlook is released each spring and fall, providing an assessment of Ontario’s medium-term economic and fiscal outlook.
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Nov 4, 2015This report is the FAO’s first review of the current economic outlook and the state of the provincial government’s finances.
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Commentaries
Backgrounders
The Financial Accountability Office was established in September 2013 by the Financial Accountability Officer Act, 2013. Stephen LeClair was appointed as Ontario’s first Financial Accountability Officer in February 2015 for an initial five year term.