Ontario’s finance minister, Vic Fedeli, announced Thursday that his government will deliver its first budget on April 11, which will focus on cutting red tape and reducing the deficit.
“Our government’s first budget will outline our plan to return the province to balance in a responsible manner, and protect what matters most — preserving critical public services,” said Fedeli.
The government is currently projecting a $13.5 billion deficit for fiscal 2019 (the year ending March 31).
“Balancing the budget will help us sustainably fund essential public services for current and future generations,” he added.
Along with deficit reduction, the government indicates that the budget will also focus on creating jobs and supporting economic growth.