Reports




  1. August 20, 2020
    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.
  2. June 25, 2020
    The FAO’s report provides economic analysis of the sectors and reviews the Province’s $1.7 billion spending plan for related programs in 2020-21.
  3. May 11, 2020
    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.
  4. March 11, 2020
    The report provides a forecast of Ontario’s economy and fiscal position through 2050, based on current fiscal policies.
  5. January 30, 2020
    This is the 2019 annual publication on Ontario’s labour market.
  6. December 9, 2019
    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.
  7. October 28, 2019
    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.
  8. October 17, 2019
    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.
  9. June 25, 2019
    This report is a commentary that assesses the impact of an economic downturn on the government’s budget plan.
  10. May 22, 2019
    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.