The online version of the report will be published soon.
Budget Outlook Update
This report provides the FAO’s projection of the government’s fiscal position over the 2021-22 to 2023-24 period. The report compares the FAO’s outlook to the government’s plan presented in the 2021 Fall Economic Statement for budget balance, key debt measures, revenues and program spending.
About this Document
Established by the Financial Accountability Officer Act, 2013, the Financial Accountability Office (FAO) provides independent analysis on the state of the Province’s finances, trends in the provincial economy and related matters important to the Legislative Assembly of Ontario.
This report was prepared by Zohra Jamasi, Sabrina Afroz, Nicolas Rhodes, Jay Park, Matthew Stephenson and Edward Crummey under the direction of Paul Lewis. Luan Ngo and Jeffrey Novak contributed to this report.
In keeping with the FAO’s mandate to provide the Legislative Assembly of Ontario with independent economic and financial analysis, this report makes no policy recommendations.
© Queen’s Printer for Ontario, 2022
Budget Outlook Update, Financial Accountability Office of Ontario, 2022.