Ford government tables nearly balanced budget for 2023

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Ford government tables nearly balanced budget for 2023
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Opposition politicians slammed Ontario's newly tabled budget as insufficient; 'I've never seen a government so gleefully celebrating mediocrity'

EDITOR’S NOTE: This article originally appeared on The Trillium, a new Village Media website devoted to covering provincial politics at Queen’s Park.

“To be clear, a return to balanced budgets would not have happened under a Liberal or NDP government, but it is happening under our government,” said Bethlenfalvy in his budget speech. “And in this budget, we are showing it is possible to balance a budget while investing more in housing, more in highways, more in transit, more in the skilled trades, more in new manufacturing, more in health care, more in education, more in the North.

“I’ve never seen a government so gleefully celebrating mediocrity,” quipped her finance critic, Catherine Fife. The budget is based on economic assumptions that are more conservative than those of private-sector economists, and the $1.3-billion deficit figure includes a $4-billion contingency fund and a $1-billion reserve that may never be spent.

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