The Canadian Press

2015-11-04 | Ont Deficit

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Ontario financial accountability officer Stephen LeClair says there's a significant risk the province's Liberal government will not be able to eliminate the deficit within two years as promised. LeClair also says he can't tell if selling Hydro One will help the Liberals balance the books on time because the government won't say how it's done the calculations. (LeClair predicts slower economic growth will lead to a drop in revenues and leave Ontario with a deficit of 3.5-billion-dollars in 2017-18.)

Date: 2015-11-04
Placeline: TORONTO.
Source: The Canadian Press
Length: 16 seconds

Transcript Prediction: << we haven't factored in the sale of Hydro One into this analysis because we don't know the degree to which it's already in the government's plans will it improve or not improve their ability to meet the deficit targets it all depends upon how they roll it out >>


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