March 2020
Ontario Budget To Be Released on March 25

2020-03-04 9:57:45 AM

CATEGORIES: Finance

Minister of Finance Rod Phillips today announced the 2020 provincial budget will be released on Wednesday, March 25th.

Minister Phillips said the budget will continue to move in a direction that will balance the deficit by 2023-24.

In January, AMCTO submitted its 2020 Pre-Budget Submission to the government, which called on the government to invest in municipal infrastructure, reduce the burden on municipalities, and promote municipal fiscal sustainability.

Some funding announcements that many of Ontario's local governments heavily rely on, such as the Ontario Muncipal Partnership Fund (OMPF) and the Ontario Community Infrastructure Fund (OCIF), have already been announced. 

As always, AMCTO staff will attend the upcoming budget lockup and will provide an analysis and update once it is released.

For more information, please see below:

Ontario Newsroom: Ontario to Release 2020 Budget on March 25

AMCTO: 2020 Pre-Budget Submission


 


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