Peter Weltman
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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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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."PoliticsOct 17, 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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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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FAO says Ontario still has strong investment-grade score among major ratings agenciesAll four agencies rate Ontario in the middle of the pack among Canadian jurisdictions, but Weltman says all affirm the province has a strong credit rating.PoliticsSep 18, 2018
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