Ontario Economic and Fiscal Update 2022
Budget 2022On November 14, 2022, Finance Minister Peter Bethlenfalvy delivered the 2022 Ontario Economic Outlook and Fiscal Review (the “Fiscal Review”).
On April 12, 2022, Finance Minister Cameron Friesen tabled Manitoba’s 2022-2023 budget.
The estimates provided in the budget show that the province projects a deficit of $1,393 million for the 2021-2022 fiscal year, compared to a $1,597 million deficit projected for the fiscal year in the previous budget.
The province projects a deficit over the next four years as follows:
| Year | Projected surplus/(deficit) |
| 2022-23 | ($548 million) |
| 2023-24 | ($440 million) |
| 2024-25 | ($347 million) |
| 2025-26 | ($260 million) |
Visit our Budget 2022 hub to learn more about all federal and provincial budgets.
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