November 1, 2018 / 5:08 PM / 2 months ago

Canada's Ontario province to present budget update on November 15

TORONTO (Reuters) - Ontario Finance Minister Vic Fedeli will present the fall economic statement of Canada’s biggest province on Nov. 15, a spokesman for the Ontario Ministry of Finance said on Thursday.

The province’s new Progressive Conservative Party government, led by populist Doug Ford, accepted in September a recommendation made by a commission of inquiry that it should more than double its budget deficit projection for 2018-19 to C$15 billion ($11.5 billion).

($1 = 1.3083 Canadian dollars)

Reporting by Fergal Smith; Editing by Chizu Nomiyama

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