Fall economic update shows Ford government can and should go further to fix Ontario's finances

TORONTO, ON: The Ontario government released its 2019 Ontario Economic Outlook and Fiscal Review today, and although the Canadian Taxpayers Federation was happy to see this year’s projected deficit shrink, it’s still an increase from the size of last year’s deficit. “A growing deficit number makes it feel like we’re moving backward and getting further away from the goal of balancing the budget,” said Jasmine Pickel, the CTF’s Interim Ontario Director. “More concerning still, there were no further updates today on how the government is going to tackle bloated government employee compensation which is the single largest expense to taxpayers.”