Ontario Liberals Parting Gift – A 15 Billion Dollar Deficit

Ontario faces $15B deficit, challenging past government’s budget numbers: finance minister

TORONTO – Ontario’s finance minister says an independent commission that probed the province’s books has found the government ran a multi-billion-dollar deficit in the last fiscal year.

In a speech to the Economic Club in Toronto – his first major address since becoming finance minister this summer – Vic Fedeli says the previous Liberal government did not balance the budget as it reported.