Ontario's deficit was $7.4B last year - far lower than the Ford government claimed it was - 2019-09-13

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F182.png Ontario's deficit was $7.4B last year - far lower than the Ford government claimed it was September 13, 2019, Mike Crawley, CBC News

Ontario's deficit for 2018-19 is half what the Ford government claimed it was after taking power from the Kathleen Wynne's Liberals.

Last year's deficit was $7.4 billion, according to the 2018-19 public accounts, released Friday by the province. Officials are attributing the drop in the deficit to better than expected revenues because of a hot economy, and lower than expected expenses.

In August 2018, the Ford government said the 2018-19 deficit was running at $15 billion. The government trimmed that projection to $14.5 billion in November when it released its fall economic statement.

Wikipedia cite:
{{cite news | first = Mike | last = Crawley | title = Ontario's deficit was $7.4B last year - far lower than the Ford government claimed it was | url = https://www.cbc.ca/news/canada/toronto/ontario-deficit-update-1.5282527 | work = CBC News | date = September 13, 2019 | accessdate = September 14, 2019 }}