Ontario to release fall economic statement on Nov. 4
A $15 minimum wage, announced on Nov. 4 by Premier Doug Ford, will be in legislation as part of the fall economic statement.
Ontario is set to release its fall economic statement on Nov. 4 to provide an update on the province’s finances and plans for recovery from the pandemic.
Finance Minister Peter Bethlenfalvy says Ontario has so far made great progress against COVID-19 and will unveil a plan that continues that fight.
He says it will also be about “building Ontario,” including plans for transit, highways, broadband, hospitals and long-term care.
Bethlenfalvy also highlighted a theme of “working for workers,” not long after the government proposed a host of worker-friendly measures such as a right to disconnect after hours, a ban on non-compete agreements, and requiring temporary help agencies to be licensed.
A $15 minimum wage, announced on Nov. 4 by Premier Doug Ford, will be in legislation as part of the fall economic statement.
The latest projection for the 2021-2022 deficit is $32.4 billion, and the government said in its recent speech from the throne that economic recovery from the pandemic will be fuelled by growth, not spending cuts or tax hikes.
