Ontario Premier Doug Ford and his finance minister are set to announce today at 11 a.m.
There were few details on the specifics of Sunday’s rare news conference, but it comes a day before the province prepares to release its fall economic statement.
Ontario is in good financial shape.
A report two weeks ago from the province’s Financial Accountability Office predicts budget surpluses for the foreseeable future.
The finance watchdog projects a $100 million surplus at the end of this fiscal year and an $8.5 billion surplus in 2027-2028.
Finance Minister Peter Bethlenfalvy announced in September that Ontario ended the last fiscal year with a $2.1-billion surplus, far short of the $33-billion deficit projected in the budget, thanks to inflation and a strong economy.
