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Ontario records surplus in last fiscal year and a drop in education spending

The surplus is being used to help reduce Ontario’s net debt, which is about $380 billion.

Published Sep 23, 2022 at 12:26pm

Ontario records surplus in last fiscal year and a drop in education spending

Minister of Finance Peter Bethlenfalvy, shakes hands with Premier Doug Ford as Lieutenant-Governor of Ontario Elizabeth Dowdeswell looks on, at the swearing-in ceremony at Queenís Park in Toronto on June 24, 2022. THE CANADIAN PRESS/Nathan Denette

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