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The Ford government is looking ahead to next week’s return of the Legislature with a couple of big items: the mini-budget, and fresh bench strength.
The Fall Economic Statement hits the Clerk’s table next Thursday, October 29, and Finance Minister PETER BETHLENFALVY is warning of future deficits.
Between the lines: In a breakfast speech to the Canadian Club, Bethlenfalvy suggested the red ink is necessary as the economy grapples with U.S. tariffs and global conflicts, which “has led to the world awash in a sea of instability.”
But Ontario has weathered the tariff impact better than expected, he said, even if the province has repeatedly pushed back its path to balance the books. His key theme for next week: A “disciplined” and “responsible” approach to fiscal management.
And while Bethlenfalvy didn’t reveal any specific FES nuggets, he did say he’s looking to cut “wasteful spending” and “curtail our head counts” to s…
