FAO

• Single-family home starts hit 69-year low in new Ontario housing data

  A new report from the FAO paints a dire picture of the province's housing starts and how they will have to change if the government has any hope of meeting its 1.5 million target.

  Politics

  Nov 14
  
• Ontario budget watchdog to probe cost of Doug Ford’s alcohol expansion plan

  The Financial Accountability Officer said Monday his office will look into how much LCBO will stand to lose as convenience, grocery and big box stores begin offering booze.

  Politics

  Sep 16
  
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• Climate change could cost Ontario billions as planet heats up: watchdog

  The Financial Accountability Office of Ontario released a report Wednesday outlining how the effects of climate change could cost Ontario billions of dollars every year.

  Environment

  Nov 22, 2023
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• Ontario government sets aside $22 billion in ‘excess funds’: watchdog

  The province's financial watchdog released a long-term spending forecast, based on the government's own figures, and uncovered a growing pool of unallocated taxpayer dollars.

  Politics

  Jun 13, 2023
• Ontario has $4 billion more for health care than needed for current programs: FAO

  The Financial Accountability Office of Ontario says the excess money could be used for new programs, enhancing old programs or using it to pay down the province's debt.

  Health

  May 31, 2023
• Ford government health care plans fail to meet capacity, staffing needs, FAO finds

  An analysis of the Ford government's health-care spending plans has found the province will need tens of thousands of new staff, while hospital demand will still outstrip capacity.

  Health

  Mar 8, 2023
• Ontario’s economy to slow sharply, but rebound next year: fiscal watchdog

  The Financial Accountability Office of Ontario says the province's economic growth is expected to slow sharply this year with a modest recovery beginning next year.

  Economy

  Feb 7, 2023
• Ontario plans to maintain gas tax cut for a further year

  In July, Ontario announced it would cut the gas tax by 5.7 cents per litre until the end of the year. At the time, Ford indicate he would consider an extension.

  Economy

  Nov 13, 2022
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• Ontario to release economic statement on Nov. 14, finance minister says

  Finance Minister Peter Bethlenfalvy says the province will be providing an update on its "plan to build."

  Politics

  Oct 31, 2022
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• Ontario economy on a ‘knife’s edge’ while government programs face underfunding, FAO says

  Financial Accountability Officer Peter Weltman said Ontario's economy is projected to slow down amid high interest rates and cautious consumer spending.

  Economy

  Oct 27, 2022