Headlines
Ontario’s deficit is nearly 10 times higher than projected last fall — and the Ford government is blaming U.S. tariffs. The 2025-26 budget, tabled Thursday, forecasts a $14.6-billion shortfall, blowing past the previous $1.5-billion estimate as economic clouds darken. The Globe and Mail explainss.
New housing data released alongside the budget shows Ontario is slipping even further behind on its 1.5 million homes target. The province is expected to start less than half the number of homes needed this year, despite policy reforms and incentives Global News reports.