COVID-19 spending, amid ongoing uncertainty about variants of concern.Finance Minister Peter Bethlenfalvy released the province’s 2021-22 first quarter finances today, and says it’s important to have resources available to prepare for potential future surges in the pandemic.
Ontario watchdog says province spent $10.3B less than planned during last fiscal year Revenue projections are $2.9 billion higher than in the budget, due to stronger economic growth and increased transfers from the federal government.The deficit projection is being revised by $700 million, down to $32.4 billion.COVID-19: Ontario’s fiscal watchdog says surgical backlog will take more than 3.5 years to clearBethlenfalvy didn’t specify what the $2.2 billion in new.