Ontario Financial Accountability Office

• Ontario spending billions of dollars more so far this year, fiscal watchdog says

  A report today from the Financial Accountability Office looks at the first-quarter expenses in the Progressive Conservative government's record $193 billion spending plan.

  Politics

  Sep 15, 2022
  
• Financial watchdog says Ontario on track to balance budget by 2023-24

  Ontario's financial watchdog says the province is on track to balance the budget by 2023-24 and run a $7.1 billion surplus three years later.

  Canada

  Apr 12, 2022
  
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• Ontario didn’t spend money from COVID-19 response program in 1st quarter, watchdog says

  Ontario's fiscal watchdog says the province didn't spend any money from a new $2.7 billion COVID-19 response program in the first quarter.

  Canada

  Sep 15, 2021
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• 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, 2021
• Ontario on track for years of post-pandemic deficits without new policy: FAO

  The Financial Accountability Officer says in a report Thursday that a series of factors including the pandemic and aging demographics will contribute to the deficits.

  Economy

  Feb 11, 2021
• 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