Ontario to unveil 2015-16 budget on April 23

Tue Apr 14, 2015 10:48am EDT
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TORONTO (Reuters) - The government of Ontario, Canada's most populous province, will unveil its budget on April 23, and said it remains on course to balance its books by 2017-18.

The province's finance minister, Charles Sousa, said in a statement on Tuesday that the 2015-16 budget will balance investments needed to create jobs with moves needed to shrink the deficit. For the 2014-15 fiscal year ended March 31, the deficit is expected to be C$10.9 billion ($8.76 billion).

($1=$1.245 Canadian)

(Reporting by Alastair Sharp; Editing by Peter Galloway)

Ontario Finance Minister Charles Sousa arrives to speak to journalists before the start of a meeting with federal, provincial and territorial finance ministers in Ottawa December 15, 2014.  REUTERS/Chris Wattie