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    Placeline/People
    City Vaughan
    Country Canada

    Ontario deficit projected to jump to $38.5 billion

    Ontario Finance Minister Rod Phillips has revised the province’s budget deficit projection saying it will jump to $38.5 billion this year due to COVID-19. The previous fiscal update delivered in March projected the deficit would reach $20.5 billion in 2020-2021. 
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    Information
    Source name: 
    The Canadian Press
    Unique identifier: CP18585140 
    Legacy Identifier: n_COVID-Ont-Deficit20200812T1250 
    Type: Video 
    Duration: 1m45s 
    Dimensions: 1920px × 1080px     76.35 MB 
    Usage rights: FOR ONE TIME USE ONLY. NO STORAGE FOR FUTURE USE. 
    Create Date: 8/12/2020 12:50:00 PM 
    Display aspect ratio: 16:9 
    Tags
    COVID-19
    deficit
    economy
    fiscal update
    money
    Ontario
    ontario finance minister
    Rod Phillips
    toronto