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What's in the Ontario Fall Economic Statement for business?

11/21/2018

 
On November 15, the Government of Ontario released its 2018 Fall Economic Statement entitled “2018 Ontario Economic Outlook and Fiscal Review”, which provides an update on the government’s finances and announces commitments for the upcoming 2019 Budget.

The government is projecting steady, moderate growth in Ontario’s economy, with real GDP forecasted to rise by 2 percent in 2018. The Fall Economic Statement forecasts a deficit of $14.5 billion in 2018-19, down by $0.5 billion from the previous year. Growth is expected to be more modest over the next four years due to limited economic capacity, higher interest rates, and slowing US growth.

The Ontario Chamber of Commerce has provided a brief overview of the government's plan and we have added our Peterborough perspective to it.   

One of the most constant refrains from our business community is the amount of red tape and regulation they are required to complete and the time it takes away from their business. We look forward to seeing how red tape reduction is rolled out.
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175 George Street North, Peterborough, ON, K9J 3G6
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  • COVID-19
    • Financial Support Programs
    • Business Resources for Recovery
    • Government Responses
    • Workplace Guidelines
    • Wellness Support
    • Vaccine Information
    • Rapid Screening Kits
  • What We Do
    • Influence
    • Profile
    • Knowledge
    • TeamPtbo
  • Find A Member
    • Online Directory
  • Membership
    • Member Discounts
    • Promoting Your Business
    • I'm Here Campaign
    • #lovelocalptbo campaign
    • Join Us
    • Solar Panel Installers
  • Events
    • Calendar
    • 2022 Business Excellence Awards
    • 2022 Business Summit
    • Power Hour 2023
  • Advocacy
    • Voice of Business
  • Connect With Your Chamber
    • Join Us
    • Board of Directors
    • Your Chamber Team
    • Social Media
    • Business Resources
    • Feedback >
      • Accessibility
    • Subscribe to e-Newsletter
  • #lovelocalptbokawarthas sponsors
  • Canadian Digital Adoption Plan
  • 2022 Municipal Election