Financial Accountability Officer

• Courts overturning Bill 124 may cost Ontario $8 billion-plus, report says

  A coalition of more than 40 Ontario unions, representing around 270,000 public workers, took the Ontario government to court over Bill 124.

  Economy

  Sep 28, 2022
  
• Suppressed public sector wages could hurt quality of Ontario services, FAO warns

  Pay 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.

  Economy

  Sep 28, 2022
  
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• Guelph’s employment in 2021 returned to pre-pandemic level, FAO report shows

  A 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.

  Economy

  Feb 23, 2022
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• Ontario’s labour market rebounds to pre-pandemic levels but recovery uneven: report

  Ontario'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.

  Economy

  Feb 23, 2022
• Ontario fiscal watchdog says province 2 years behind goal of 15,000 new LTC beds by 2024

  The Financial Accountability Office says the new report is based on the province's 2021-22 expenditure estimates.

  Health

  May 26, 2021
• Coronavirus: Ontario loses 355,000 jobs in 2020, single largest decline on record: FAO

  The hardest hit sector was accommodation and food services, with over 110,000 job losses.

  Economy

  Feb 18, 2021
• Municipalities facing billions in COVID-19 costs in 2021, Ontario fiscal watchdog says

  He 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.

  Economy

  Dec 10, 2020
• Ontario’s unspent pandemic reserves grew to $12 billion by end of September: FAO

  The Financial Accountability Officer says in a report that the money was earmarked for three contingency funds, including two related to pandemic spending.

  Canada

  Dec 8, 2020
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• Ontario autism services waitlist grew to 27,600 children in 2019-2020, FAO says

  The Financial Accountability Officer says the increase came as the province shifted funding for behavioural therapy programs.

  Canada

  Jul 21, 2020
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• Ontario spending could fall far short of health, education demands: financial watchdog

  Ontario'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.

  Politics

  Dec 9, 2019