Financial Accountability Officer
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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
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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
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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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Ontario’s unspent pandemic reserves grew to $12 billion by end of September: FAOThe Financial Accountability Officer says in a report that the money was earmarked for three contingency funds, including two related to pandemic spending.CanadaDec 8, 2020
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Ontario autism services waitlist grew to 27,600 children in 2019-2020, FAO saysThe Financial Accountability Officer says the increase came as the province shifted funding for behavioural therapy programs.CanadaJul 21, 2020
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Ontario spending could fall far short of health, education demands: financial watchdogOntario's financial watchdog says there is a "significant risk" the Progressive Conservative government's spending plan will fall $5 billion short of what's needed for health and education.PoliticsDec 9, 2019
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Long-term care waiting lists will grow despite additional new beds: Ontario’s fiscal watchdogOntario's fiscal watchdog says long-term care waiting lists will continue to grow even as the government plans to add 15,000 new beds.HealthOct 30, 2019
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Minimum wage hike more beneficial for workers than tax credit, says FAOFinancial Accountability Officer Peter Weltman says in a report today that the tax credit will benefit only 38 per cent of minimum wage workers since many already pay no provincial tax.CanadaApr 2, 2019
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Fiscal watchdog says Ontario overcharging for marriage registrations, other feesIn a report released Tuesday, the Financial Accountability Office says revenue from those fees as well as personal property security fees and incorporation fees “continues to significantly exceed program costs.”PoliticsMar 19, 2019
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Ontario’s fiscal watchdog says provincial deficit to rise to $12.3B this fiscal yearIn his fall economic and budget outlook, Weltman says that without further policy changes, the deficit is expected to exceed $16 billion by 2022-23.PoliticsDec 10, 2018
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