{"id":29030,"date":"2020-03-04T12:50:05","date_gmt":"2020-03-04T17:50:05","guid":{"rendered":"https:\/\/wawa-news.com\/?p=29030"},"modified":"2020-03-04T12:50:05","modified_gmt":"2020-03-04T17:50:05","slug":"ontario-to-release-2020-budget-on-march-25","status":"publish","type":"post","link":"https:\/\/wawa-news.com\/index.php\/2020\/03\/04\/ontario-to-release-2020-budget-on-march-25\/","title":{"rendered":"Ontario to Release 2020 Budget on March 25"},"content":{"rendered":"<p>Today, Rod Phillips, Minister of Finance, announced that the government will release its <em>2020 Ontario Budget<\/em> on March 25. The Minister will share the next steps in the government&#8217;s plan to ensure every person in Ontario has the opportunity to grow and prosper.<\/p>\n<p>This year&#8217;s Budget will demonstrate progress on the government&#8217;s plan to put the province back on sound financial footing, create the conditions for businesses to grow and create jobs, and make smart investments in key priorities.<\/p>\n<p>&#8220;In our 2020 Budget, we will continue on our path to balance the books by 2023-24,&#8221; said Minister Phillips. &#8220;It&#8217;s a practical plan to create the opportunity for every region in Ontario to grow and every family in our province to prosper.&#8221;<\/p>\n<p>The <em>2020 Budget<\/em> will also demonstrate how the government&#8217;s balanced, prudent and deliberate approach to managing the Province&#8217;s finances has enabled additional investments in critical priorities for the people of Ontario, while saving taxpayers money by eliminating waste and making government smarter.<\/p>\n<p>&#8220;We&#8217;re restoring balance to the Province&#8217;s books within a reasonable timeframe, so we can continue making smart investments in frontline services like health care and education, while leaving more money in people&#8217;s pockets,&#8221; said Minister Phillips. &#8220;Our Plan to Build Ontario Together will continue to deliver on our commitments to the people of our province.&#8221;<\/p>\n<section class=\"newsFacts\">\n<h4>Quick Facts<\/h4>\n<ul>\n<li>Due to construction at MacDonald Block, this year\u2019s Budget media lockup will take place at the Metro Toronto Convention Centre. Accredited media can visit the <a href=\"https:\/\/www.fin.gov.on.ca\/en\/media\/lockup\/index.html\">Budget Lockup 2020 page<\/a> for more information and to register.<\/li>\n<li>In January, Ontario\u2019s 2019-20 Third Quarter Finances forecast a deficit of $9.0 billion for the year, consistent with the 2019 Fall Economic Statement and a $1.3 billion improvement from the 2019 Budget projection.<\/li>\n<li>During Ontario\u2019s 2020 Budget consultations, Minister Phillips and Parliamentary Assistant Cho heard from more than 5,000 people and organizations, including at 28 in-person consultations in 26 communities across the province.<\/li>\n<li>The government\u2019s <i>Fiscal Sustainability, Transparency and Accountability Act, 2019<\/i>, requires that the Ontario Budget be released on or before March 31st of each year.<\/li>\n<li>Since the Government took office in June 2018, employment in Ontario has risen by 307,800 net new jobs.<\/li>\n<\/ul>\n<\/section>\n<section class=\"newsFacts\">\n<h4>Additional Resources<\/h4>\n<ul>\n<li><a title=\"Learn More\" href=\"https:\/\/news.ontario.ca\/mof\/en\/2020\/01\/ontario-maintains-commitment-to-balanced-budget.html\">Ontario Maintains Commitment to Balanced Budget<\/a><\/li>\n<li><a title=\"Learn More\" href=\"https:\/\/www.fin.gov.on.ca\/en\/economy\/ecaccts\/\">2019\u201320 Third Quarter Economic Accounts<\/a><\/li>\n<li><a title=\"Learn More\" href=\"https:\/\/budget.ontario.ca\/2019\/fallstatement\/index.html\">2019 Ontario Economic Outlook and Fiscal Review: A Plan to Build Ontario Together<\/a><\/li>\n<li><a title=\"Learn More\" href=\"https:\/\/budget.ontario.ca\/2019\/index.html\">2019 Ontario Budget<\/a><\/li>\n<\/ul>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Today, Rod Phillips, Minister of Finance, announced that the government will release its 2020 Ontario Budget on March 25. The Minister will share the next steps in the government&#8217;s plan to ensure every person in Ontario has the opportunity to grow and prosper. This year&#8217;s Budget will demonstrate progress on the government&#8217;s plan to put &#8230;<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38],"tags":[],"class_list":["post-29030","post","type-post","status-publish","format-standard","hentry","category-provincial"],"publishpress_future_action":{"enabled":false,"date":"2026-04-20 10:01:40","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/posts\/29030","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/comments?post=29030"}],"version-history":[{"count":1,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/posts\/29030\/revisions"}],"predecessor-version":[{"id":29031,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/posts\/29030\/revisions\/29031"}],"wp:attachment":[{"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/media?parent=29030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/categories?post=29030"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/tags?post=29030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}