๐Ontario's finance minister, Peter Bethlenfalvy, confirms the province's next budget, scheduled for March 26, will not include tax increases. Bethlenfalvy emphasizes the government's commitment to rebuilding the economy without additional tax burdens. Although details are scarce, he assures a focus on affordability for individuals and businesses. Recent projections indicate a $4.5 billion deficit for the fiscal year, significantly higher than earlier forecasts. The financial impact of the courts' ruling on the unconstitutional Bill 124 is also noted, leading to increased spending on public sector compensation. The path to budget balance remains uncertain amid these challenges.โ . ๐๐ฑ๐ฉ๐๐ซ๐ญ ๐๐จ๐ซ๐ญ๐ ๐๐ ๐ ๐๐๐ฏ๐ข๐ฌ๐- ๐๐ญ ๐ ๐ญ๐ข๐ฆ๐ ๐๐ง๐ ๐ฉ๐ฅ๐๐๐ ๐๐จ๐ง๐ฏ๐๐ง๐ข๐๐ง๐ญ ๐๐จ๐ซ ๐ฒ๐จ๐ฎ! ๐๐จ๐ฆ ๐๐๐ญ๐ญ๐๐ฆ ๐๐จ๐๐ข๐ฅ๐ ๐๐จ๐ซ๐ญ๐ ๐๐ ๐ ๐๐๐ฏ๐ข๐ฌ๐จ๐ซ +๐ ๐๐๐ ๐๐๐ ๐๐๐๐ ๐ฃ๐จ๐ฆ.๐ฆ๐๐ญ๐ญ๐๐ฆ@๐๐ข๐๐.๐๐จ๐ฆ @jom_mattam . . #OntarioBudget #TaxPolicy #EconomicRecovery #AffordabilityFocus #FiscalUpdate #BudgetDeficit #Bill124 #mnm #malayalisnearmeapp #canadaupdate #canadanews
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