Reports

This report provides an overview of the Government of Ontario’s borrowing authority, including the process of how borrowing occurs and the reporting responsibilities of the government with respect to its borrowing.

This report shows that the partial shutdown of the Ontario economy due to the COVID-19 pandemic will deliver a severe blow to the province’s revenues, increase spending, and result in substantially higher deficits and debt.

The report provides a forecast of Ontario’s economy and fiscal position through 2050, based on current fiscal policies.

This report is an update on Ontario’s economic and budget outlook. The FAO projects Ontario’s budget deficit will increase to $8.5 billion in 2019-20, up from $7.4 billion last year.

This is an update on Ontario’s credit rating, which is determined by four major international credit rating agencies, based on their assessments of the province’s economic and financial outlook.

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.

This report is a commentary that assesses the impact of an economic downturn on the government’s budget plan.

Based on the FAO’s outlook for slower economic and revenue growth, and incorporating the government’s spending plans, the FAO projects Ontario’s budget deficit would decrease to $10.8 billion in 2019-20, down modestly from $11.7 billion in 2018-19.

This report is a commentary that provides an updated comparison of Ontario government revenue, spending, deficit and net debt with that of other provinces.

The Fall 2018 Economic and Budget Outlook provides the FAO’s latest economic forecast and an updated assessment of the Province’s fiscal outlook.