February 21, 2017 / 3:26 PM / 6 months ago

Ontario projects a smaller deficit for 2016-17

1 Min Read

TORONTO, Feb 21 (Reuters) - Ontario projected a C$1.9 billion deficit in the 2016-17 fiscal year, a report updating the province's fiscal outlook said, versus a C$4.3 billion deficit the province's Liberal government had expected in its budget update in November.

The province's Third Quarter Finances also projected an improvement in its net debt-to-GDP ratio of 38.3 percent compared to a 39.6 percent projection in the province's 2016 budget. (Reporting by Fergal Smith)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below