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ARTICLE · 23 NOVEMBER 2010

Ontario’s 2010 Fall Economic Statement

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On Thursday November 18, the Ontario Minister of Finance, Hon. Dwight Duncan, released the much anticipated Fall Economic Statement and Fiscal Update (the Update) as required by statute.

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Overview

On Thursday November 18, the Ontario Minister of Finance, Hon. Dwight Duncan, released the much anticipated Fall Economic Statement and Fiscal Update (the Update) as required by statute. The Update is positioned in the context of providing immediate tax reductions and energy rate reductions for Ontario families. The Update describes a series of initiatives to be taken immediately as well as the current economic and fiscal conditions of the province and its outlook for the next year. The plan also discusses Ontario's borrowing and debt management strategies, its tax and pension modernization reform and the key elements for public consultation on the 2011 provincial budget.

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