Financial Accountability Office of Ontario

• Ontario’s hydro subsidy for industrial, commercial businesses to cost estimated $15.2B by 2040: FAO

  The province also said the program would subsidize the high cost of green energy contracts and lessen the impact they have on business ratepayers.

  Politics

  Mar 18
• Ontario government spent $3.5B less than planned in last fiscal year, watchdog says

  In 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.

  Economy

  Jul 28, 2020
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• Ontario’s financial watchdog says deficit ‘was never $15 billion’ as Doug Ford previously claimed 

  "Policy decisions by both the current and previous governments contributed to the slow increase in revenues as well as the rise in spending last year."

  Politics

  Oct 17, 2019
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• Rising Ontario household debt expected to go higher by 2021: FAO

  The average Ontario household owed nearly $154,000 in 2016 compared to $119,000 in 2010.

  Canada

  Jan 23, 2018
• Ontario minimum wage hike will result in loss of 50K jobs: provincial watchdog

  The Financial Accountability Office of Ontario warns job losses should be expected as businesses facing higher payroll costs.

  Canada

  Sep 12, 2017