The online version of the report will be published soon.
Understanding Ontario’s 2018-19 Deficit
This report is a commentary that explains why Ontario’s deficit doubled from $3.7 billion in 2017-18 to $7.4 billion in 2018-19.
About this document
Established by the Financial Accountability Officer Act, 2013, the Financial Accountability Office of Ontario (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.
Prepared by: Edward Crummey, David West. * With contributions from Sabrina Afroz and Paul Lewis
Understanding Ontario’s 2018-19 Deficit, Financial Accountability Office of Ontario, 2019.