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Canada's Ontario province boosts spending to address COVID-19

TORONTO, Nov 5 (Reuters) - Ontario, Canada’s most-populous province, said on Thursday it would spend more on health and support for the economy during the coronavirus crisis, as it projected a record budget deficit for 2020-21 and additional large shortfalls over the coming years.

The province’s Progressive Conservative Party government forecast a deficit of C$38.5 billion ($29.5 billion) in the current fiscal year, matching an August forecast, a budget document showed. The budget was delayed from March because of the pandemic.

$1 = 1.3046 Canadian dollars Reporting by Fergal Smith; Editing by Peter Cooney

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