Ontario Fiscal Watchdog Projects Smaller Deficit Due to Lower-Than-Planned Spending

Ontario Fiscal Watchdog Projects Smaller Deficit Due to Lower-Than-Planned Spending
The Ontario legislature's front entrance at Queen's Park is seen in Toronto, June 18, 2021. The Canadian Press/Chris Young
The Canadian Press
Updated:

Ontario’s fiscal watchdog is projecting a deficit $5.4 billion smaller than the most recent figure projected by the government.

The Financial Accountability Office said it arrived at its $8.1 billion deficit figure after reviewing government spending and finding that the province spent less than planned across all programs.