How COVID-19 could hit the Doug Ford government's budget - News Summed Up

How COVID-19 could hit the Doug Ford government's budget


"The area that I'm concerned is our economy with COVID-19," Ford said Monday in an unscripted comment at an event in Kitchener. (Richard Drew/The Associated Press)"Clearly, COVID-19 is having economic impacts in Ontario," Finance Minister Rod Phillips told reporters at the Legislature later Monday. With the novel coronavirus casting doubt on recent forecasts for economic growth, predicting government revenues for the coming fiscal year will be a challenge. Ontario Finance Minister Rod Phillips is sticking with his timetable for delivering his first budget on March 25 amid the uncertainty caused by COVID-19. "It really drives home the point that governments should have some wiggle room embedded into their budget," said Hogue.


Source: CBC News March 10, 2020 09:22 UTC



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