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Economic and Budget Outlook, Fall 2018

This report provides the FAO’s assessment of the province’s medium-term economic performance and fiscal position.

Cap and Trade: A Financial Review of the Decision to Cancel the Cap and Trade Program

This report estimates the budgetary impact to the Province from ending the cap and trade program. The report also compares the financial impact on households and businesses of Ontario’s now cancelled cap and trade program against the federal government’s proposed carbon pricing plan.

2017-18 Annual Report

The FAO’s 2017-18 annual report summarizes the FAO’s activities in support of all members of the Legislative Assembly undertaken during the 2017-18 fiscal year.

Economic and Budget Outlook, Spring 2018

This report provides the FAO’s assessment of the province’s medium-term economic performance and fiscal position, and the reasonableness and risks associated with the government’s fiscal recovery plan.

Lottery and Gaming

This report provides a financial analysis of the OLG’s gaming expansion and sale of the Greater Toronto Area Gaming Bundle.

Business Support Programs

This report reviews how the Province measures the effectiveness of its business support programs.

Electricity Trade Agreement

This report provides a financial assessment of the effect of the Ontario-Quebec Electricity Trade Agreement on Ontario ratepayers and reviews the impact of the ETA on natural gas generation and electricity sector greenhouse gas emissions.

Ontario Health Sector - An Updated Assessment of Ontario Health Spending

This report provides an updated assessment of the Province’s health sector expense plan,  and compares Ontario’s planned health spending to the growth in Ontario’s key drivers of health care costs.

Hydro One: Updated Financial Analysis of the Partial Sale of Hydro One

This report provides an updated estimate of the fiscal impact of the partial sale of Hydro One and reviews key considerations surrounding the sale, such as the potential effect on electricity ratepayers in Ontario.

Economic and Fiscal Outlook, Fall 2017 Update

This report provides an updated Economic and Fiscal Outlook for Ontario based on developments since the release of the FAO’s spring outlook on May 31, 2017.

Nuclear Refurbishment Report

This report is an assessment of the financial risks Ontario electricity ratepayers and the Province of Ontario face as a result of the Province’s plan to secure a long-term supply of electricity generation by refurbishing nuclear reactors at the Bruce and Darlington Nuclear Generating Stations and extending the life of the Pickering Nuclear Generating Station.

Long-term Budget Outlook 2017

This report assesses the budget implications of maintaining Ontario’s current fiscal structure through three decades of demographic transition.

2016-17 Annual Report

The FAO’s 2016-17 annual report describes the FAO’s activities in support of the Legislative Assembly’s performance of its constitutional functions, especially financial scrutiny, and discusses the FAO’s improved access to government information.

Economic and Fiscal Outlook Spring 2017

The FAO’s Economic and Fiscal Outlook provides an assessment of Ontario’s current economic outlook and the state of the provincial government’s finances.

An Assessment of the Fiscal Impact of the Province’s Fair Hydro Plan

This report analyzes the impact of Ontario’s Fair Hydro Plan on electricity ratepayers and Provincial finances over the next 29 years. Overall, the FAO estimates that Ontario’s Fair Hydro Plan will cost the Province $45 billion and provide $24 billion in savings to electricity ratepayers - for a total net cost to Ontarians of $21 billion.

Ontario Health Sector: Expense Trends and Medium-Term Outlook Analysis

This report analyzes how the Province plans to achieve the health sector expense targets in the 2016 Ontario Budget, and investigates whether the low health sector expense growth rate required to achieve the targets is sustainable after 2018-19. As part of the analysis, the report reviews how the Province slowed the growth rate of health sector expense starting in 2012-13.

Cap and Trade: An Assessment of the Fiscal Impact of Cap and Trade

This report analyzes the fiscal impact of cap and trade, i.e. how cap and trade will impact the Province’s projected surplus/deficit. Under cap and trade, the Province would sell allowances to emit greenhouse gases. It would then spend the funds raised on initiatives to further reduce greenhouse gas emissions.

Economic and Fiscal Outlook - Update, Fall 2016

This report provides an updated Economic and Fiscal Outlook for Ontario based on developments since the release of the FAO’s spring outlook on May 18, 2016.

2016 Annual Report

The 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. 

Economic and Fiscal Outlook Spring 2016

The FAO’s Economic and Fiscal Outlook is released each spring and fall, providing an assessment of Ontario’s medium-term economic and fiscal outlook.