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Home»Burlington»Financial Outlook for Ontario Remains Grim
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Burlington

Financial Outlook for Ontario Remains Grim

March 12, 20261 Min Read
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Financial Outlook for Ontario Remains Grim
Ontario Minister of Finance: ‘The outlook is uncertain’ « Burlington Gazette
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By Gazette Staff

March 11th, 2026

BURLINGTON, ON

 

Minister of Finance Peter Bethlenfalvy standing in the Legislature.

With statements like this from the provincial Minister of Finance, it’s safe to say that there likely won’t be much good news when the budget is announced on March 26th.

“Geopolitical forces that may have once felt distant now reach our doorstep. Trade pressures, supply chain disruptions, and shifting markets are sending unpredictable shocks through economies everywhere.”

“The world has changed – and Ontario must be ready for what change may bring, even if that means being prepared for tougher times,” the treasurer warned.

“We’re already starting to see the impacts across the country. Other provinces so far this year have record deficits while hiking taxes and cutting public sector jobs.”

 

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