Queen's Park Observer

Queen's Park Observer

Budget pressure begins and a Ford ally returns

Why insiders expect a more disciplined Premier

Sabrina Nanji's avatar
Sabrina Nanji
Mar 11, 2026
∙ Paid

ABOVE THE FOLD

The countdown to the spring budget is on, with the Premier promising no cuts and the Finance Minister bracing for tough economic times. Meanwhile, a major player in Ford’s inner circle is making a comeback. Let’s get to it.

Set your calendars: Finance Minister PETER BETHLENFALVY tables the budget on March 26, which won’t come as a huge shock to regular readers.

Bethlenfalvy is warning this budget could be tight — something my sources mused about this week — especially with DONALD TRUMP’s tariffs, global conflict and trade pressures straining provincial finances.

Speaking at the Empire Club in Toronto, Bethlenfalvy said that means Ontario must be “prepared for tougher times” ahead, so expect “prudence” and a fiscal plan that puts “us in a strong position to weather economic shocks.”

Bethlenfalvy laid out six key budget themes: productivity and innovation, a competitive business environment, infrastructure and housing, trade, talent and work force, and reliable, affordable…

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