DEFICITS FOR DAYS
Premier DOUG FORD’s inner circle huddles at Queen’s Park today to talk about the tariff war and what appears to be its latest casualty — a delay in Volkswagen’s production plans for St. Thomas. A slew of Ministers will scrum with reporters during cabinet ins and outs.
But first: There’s loads of juicy numbers to sink our teeth into after the release of the Public Accounts.
Finance Minister PETER BETHLENFALVY and new Treasury Board President KINGA SURMA put out the annual receipts on Thursday, which show actual spending for fiscal 2025-26.
Highlights — RED INK: The Ford government’s ever-elusive promise to balance the books continues to get punted down the line. And don’t hold your breath for the Fall Economic Statement, which is due out by November 15 — Bethlenfalvy suggests it’ll be deficits for the foreseeable.
“While deficits are not desirable in the long run, they reflect the world we are in,” he told reporters. “The world has changed, global economic conditions ar…
