Financial Accountability Office Of Ontario
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Ford government leaning on contingency funds to pay for extra health, justice costsOntario's financial watchdog says the Ford government has started tapping into its $4 billion contingency fund to pay for health and justice costs in 2023.CanadaDec 19, 2023
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Ontario government sets aside $22 billion in ‘excess funds’: watchdogThe 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.PoliticsJun 13, 2023
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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
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Ontario economy on a ‘knife’s edge’ while government programs face underfunding, FAO saysFinancial Accountability Officer Peter Weltman said Ontario's economy is projected to slow down amid high interest rates and cautious consumer spending.EconomyOct 27, 2022
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As child care expands in Ontario, advocates wonder who will staff those spacesWith 71,000 new spaces promised as part of the deal, the sector wonders who will staff all those new rooms if centres are already having trouble keeping their doors open.CanadaOct 8, 2022
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Courts overturning Bill 124 may cost Ontario $8 billion-plus, report saysA coalition of more than 40 Ontario unions, representing around 270,000 public workers, took the Ontario government to court over Bill 124.EconomySep 28, 2022
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Emergency rooms in northeast Ontario bending but not breakingNursing groups, hospital executives and advocates have said that burnout and not being properly compensated have caused people to leave the profession in droves.HealthAug 6, 2022
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Ontario fiscal watchdog projects smaller budget deficits than governmentOntario's fiscal watchdog is predicting smaller budget deficits over the next few years compared to those in the government's latest economic update.PoliticsFeb 8, 2022
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Ontario’s hydro subsidy for industrial, commercial businesses to cost estimated $15.2B by 2040: FAOThe province also said the program would subsidize the high cost of green energy contracts and lessen the impact they have on business ratepayers.PoliticsMar 18, 2021
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Ontario government spent $3.5B less than planned in last fiscal year, watchdog saysIn a report released Tuesday, the Financial Accountability Office of Ontario compares the Progressive Conservative government's budget projections for 2019-2020, changes made after the budget was tabled, with its actual spending.EconomyJul 28, 2020
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