Financial Accountability Office
-
Ontario not currently on path to balance, financial watchdog findsThe FAO found that the provincial government's budget deficit will increase to $11.1 billion in the 2025-26 year, an increase from the previous year.EconomyFeb 11
-
Ontario has $4 billion more for health care than needed for current programs: FAOThe 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.HealthMay 31, 2023
-
Ontario’s lower child care fees could see 100,000 more women in workforce: reportThe FAO says $10-a-day child care has the potential to see nearly 100,000 more women enter the labour market, but only if the government creates more daycare spaces.CanadaMay 16, 2023
![]()
-
Ontario’s economy to slow sharply, but rebound next year: fiscal watchdogThe 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.EconomyFeb 7, 2023
![]()
-
Ontario to release economic statement on Nov. 14, finance minister saysFinance Minister Peter Bethlenfalvy says the province will be providing an update on its "plan to build."PoliticsOct 31, 2022
![]()
-
Ontario may need to increase public sector wages to attract new workers, report saysThe Financial Accountability Office released a report Wednesday on public sector compensation.PoliticsSep 28, 2022
![]()
-
Ontario spending billions of dollars more so far this year, fiscal watchdog saysA report today from the Financial Accountability Office looks at the first-quarter expenses in the Progressive Conservative government's record $193 billion spending plan.PoliticsSep 15, 2022
![]()
-
Ontario fiscal watchdog projects smaller deficit due to lower than planned spendingThe Financial Accountability Office said it arrived at its $8.1 billion deficit figure after reviewing government spending and finding that the province spent less than planned.PoliticsJul 19, 2022
![]()
-
Financial watchdog says Ontario on track to balance budget by 2023-24Ontario's financial watchdog says the province is on track to balance the budget by 2023-24 and run a $7.1 billion surplus three years later.CanadaApr 12, 2022
![]()
-
Ontario PCs won’t cut hydro bills by 12 per cent, but they’ll be lower than under Liberal planA report on hydro bills released today by Ontario's Financial Accountability Office says from 2018 to 2021 the average ratepayer's bill increased by 4.3 per cent.CanadaFeb 16, 2022
![]()
