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Category : Taxes and Other Revenue

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Economic and Budget Outlook, Winter 2023

Economic and Budget Outlook, Winter 2023

Feb 7, 2023

This Economic and Budget Outlook report provides the FAO’s projection of the Ontario government’s fiscal position over the 2022-23 to 2026-27 period, based on information available up to January 25, 2023.

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Economic and Budget Outlook, Fall 2022

Economic and Budget Outlook, Fall 2022

Oct 27, 2022

This Economic and Budget Outlook report provides the FAO’s projection of the Ontario government’s fiscal position to 2027-28, based on information available up to October 12, 2022. 

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The Impact of Provincial Spending and Revenue Collection on Ontario Families

The Impact of Provincial Spending and Revenue Collection on Ontario Families

Apr 21, 2022

This report analyzes the impact in 2019-20 of Ontario families’ contributions to provincial government revenues and the benefits they received from provincial government spending. Using 2019-20 as a representative year, the report estimates how many families were net beneficiaries from provincial government revenue collection and spending, and how many were net contributors.

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Economic and Budget Outlook, Spring 2022

Economic and Budget Outlook, Spring 2022

Apr 12, 2022

This Economic and Budget Outlook provides the FAO’s projection of the Ontario government’s fiscal position to 2026-27, based on information available up to March 28, 2022.

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2020-21 Interprovincial Comparison

2020-21 Interprovincial Comparison

Apr 6, 2022

This report provides a comparison of Ontario government revenue, program spending, budget balance, net debt, and interest expense with other provinces based on Statistics Canada’s Government Finance Statistics, focusing on results from the 2020-21 fiscal year.

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Long-Term Budget Outlook

Long-Term Budget Outlook

Mar 10, 2022

This report provides a projection of Ontario’s economy and fiscal position through 2050. The report assesses Ontario’s long-term fiscal sustainability, discusses factors that will affect the government’s program expenditures and revenue performance, and provides details on the FAO’s economic outlook including analysis of underlying demographic trends over the projection period.

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Ontario's Energy and Electricity Subsidy Programs

Ontario's Energy and Electricity Subsidy Programs

Feb 16, 2022

This report examines the Province’s nine energy and electricity subsidy programs, estimates the cost of the programs over 20 years, and reviews how the programs affect the electricity bills of Ontario households and businesses. The report also identifies changes to the subsidy programs since the introduction of the Fair Hydro Plan in 2017 and estimates the cost of those changes. Finally, the report discusses how the Province plans to achieve its commitment to lower electricity bills by 12 per cent.

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Budget Outlook Update

Budget Outlook Update

Feb 8, 2022

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.

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Federal and Provincial COVID-19 Response Measures: 2021 Update

Federal and Provincial COVID-19 Response Measures: 2021 Update

Oct 6, 2021

This report provides an updated summary of the measures implemented in Ontario by the Government of Ontario and the Government of Canada in response to the COVID-19 pandemic. The report also provides information on the sources of funding for provincial measures and estimates the timing of provincial spending.

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Economic and Budget Outlook, Spring 2021

Economic and Budget Outlook, Spring 2021

Jun 10, 2021

This report provides an assessment of Ontario’s current economic outlook and the provincial government’s finances.

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The Financial Accountability Office was established by the Financial Accountability Officer Act, 2013.

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