June 21, 2012 / 1:09 PM / in 5 years

Ontario passes budget, avoids snap election

TORONTO (Reuters) - Ontario averted a snap election on Wednesday as the minority Liberal government passed its budget after a threat by Premier Dalton McGuinty to go back to the polls due to bickering and standoffs with opposition parties that had stalled the budget bill.

Ontario Premier Dalton McGuinty installs a rivet on a Global 6000 aircraft during a tour of Bombardier's manufacturing facilities in Toronto May 29, 2012. REUTERS/ Mike Cassese

The budget passed 52 to 35 in the provincial legislature, easing immediate political uncertainty and sending a signal to debt-rating agencies that the government’s plan to get rid of its C$15 billion ($14.7 billion) deficit by the 2017-18 fiscal year is proceeding.

The right-wing Conservatives, who decided not to support the budget from day one, voted against it, while the left-leaning New Democrats abstained, allowing the bill to pass.

$1=$1.02 Canadian Reporting by Claire Sibonney; Editing by Peter Galloway

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