Canada’s Ontario province boosts spending to address COVID-19

FAN Editor
FILE PHOTO: People wait in line at a coronavirus disease (COVID-19) testing facility in Toronto.
FILE PHOTO: People wait in line at the Women’s College coronavirus disease (COVID-19) testing facility in Toronto, Ontario, Canada September 18, 2020. REUTERS/Carlos Osorio

November 5, 2020

TORONTO (Reuters) – Ontario, Canada’s most-populous province, said on Thursday it would spend more on health and support for the economy during the coronavirus crisis, as it projected a record budget deficit for 2020-21 and additional large shortfalls over the coming years.

The province’s Progressive Conservative Party government forecast a deficit of C$38.5 billion ($29.5 billion) in the current fiscal year, matching an August forecast, a budget document showed. The budget was delayed from March because of the pandemic.

(Reporting by Fergal Smith; Editing by Peter Cooney)

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