Financial Accountability Officer
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Ontario projected to balance budget due to Ford government underspending: watchdogWhile the government planned to spend $198 billion in 2022-23, the FAO said the province's year-end numbers show $187 billion actually left the Queen's Park bank account.PoliticsAug 2, 2023
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Bill 124 retroactive pay costs Ontario government nearly $1BIn a new report, Ontario's Financial Accountability Officer said the cost of retroactive payments to nurses would be approximately $900 million.HealthMay 31, 2023
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Ford government health care plans fail to meet capacity, staffing needs, FAO findsAn 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.HealthMar 8, 2023
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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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Suppressed public sector wages could hurt quality of Ontario services, FAO warnsPay for Ontario public servants, including nurses and teachers, has lagged behind inflation and historical averages. Now, one independent body says it could hurt public services.EconomySep 28, 2022
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Guelph’s employment in 2021 returned to pre-pandemic level, FAO report showsA report released on Wednesday from Ontario’s financial accountability officer shows Guelph’s employment in 2021 returned to levels seen prior to the COVID-19 pandemic.EconomyFeb 23, 2022
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Ontario’s labour market rebounds to pre-pandemic levels but recovery uneven: reportOntario's financial watchdog says that overall, the province's labour market has rebounded to pre-pandemic levels, but the recovery has been uneven across sectors and regions.EconomyFeb 23, 2022
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Ontario fiscal watchdog says province 2 years behind goal of 15,000 new LTC beds by 2024The Financial Accountability Office says the new report is based on the province's 2021-22 expenditure estimates.HealthMay 26, 2021
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Coronavirus: Ontario loses 355,000 jobs in 2020, single largest decline on record: FAOThe hardest hit sector was accommodation and food services, with over 110,000 job losses.EconomyFeb 18, 2021
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Municipalities facing billions in COVID-19 costs in 2021, Ontario fiscal watchdog saysHe says if no further federal or provincial funding is provided, Ontario municipalities may have to raise taxes, cut services, or implement other cost-mitigation measures.EconomyDec 10, 2020
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