More fuel for the opposition at Queen’s Park.
Ontario’s Financial Accountability Officer has released a report questioning the government’s ability to balance its books by 2017-2018.
The report suggests lower than expected revenues and high demand for services will hamper the government’s attempts to bring in a balanced budget in the next two years.
That has caught the attention of the Progressive Conservatives.
MPP Vic Fedeli says the government is in danger of running a “perpetual” deficit.
Fedeli adds he wants the Liberals to come clean and say how they plan to deal with the higher than forecast deficits.
He says the FAO is predicting a $3.5-billion deficit for 2017/2018.
Finance Minister Charles Sousa says there’s nothing to be alarmed at in the report.
Sousa says they are on track to beat its 2015-2016 deficit target and they are seeing steady improvements.
(Picture: Vic Fedeli)
