OTTAWA, April 21, 2015 /CNW/ - Matthew Stewart, Associate Director, National Forecast, The Conference Board of Canada, will be available to comment on Ontario's 2015 budget to be tabled on April 23.
The Conference Board's most recent provincial forecast has Ontario's economy projected to grow by 2.9 per cent this year, bolstered by strong exports and consumer spending. Despite a more positive outlook for the provincial economy, however, eliminating its deficit by 2017–18 will require a considerable degree of fiscal restraint in program spending given Ontario's fiscal deficit is currently running at well over $10 billion a year.
Matthew Stewart will be in Toronto on April 23 and available for interviews.
The Conference Board of Canada's in-depth analysis of the Ontario budget will be available on our website April 24.
SOURCE Conference Board of Canada
For further information: Yvonne Squires, Media Relations, The Conference Board of Canada, Tel.: 613- 526-3090 ext. 221, E-mail: [email protected]; or Juline Ranger, Associate Director of Communications, The Conference Board of Canada, Tel.: 613- 526-3090 ext. 431, E-mail: [email protected]