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Ontario budget

Ontario Budget 2018

March 28, 2018
François Dupuis, Vice-President and Chief Economist • Benoit P. Durocher, Senior Economist

With annual real GDP growth of about 2.8% between 2014 and 2017, Ontario’s economy stood out from the rest. This improved the provincial government’s fiscal balance from -$10.3B in 2014–2015 to -$1.0B in 2016–2017. The Ministry of Finance is projecting that the 2017–2018 fiscal year might even end in the black with a surplus of $0.6B.

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