Province Releases First Quarter Finances

The government of Ontario has released its first quarter finances for 2016. Key highlights of the government’s report include:

  • Total revenue projected at $130.6 billion
  • Provincial program expenses projected at $122.1 billion
  • Interest on debt projected at $11.8 billion
  •  A projected deficit of $4.3 billion in 2016-17

You can review the government’s first quarter finances here.

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