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”).
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On March 23, 2022, Finance Minister Allan MacMaster tabled Nova Scotia’s 2022-2023 budget.
The estimates provided in the NS Budget 2022 show that the province projects a surplus of $107.7 million for the 2021-2022 fiscal year, compared to a $584.9 million deficit projected for the same fiscal year in the previous budget.
Fiscal results for the next four years are projected as follows:
| Year |
Projected surplus/(deficit) |
| 2022-23 | ($506.2 million) |
| 2023-24 | ($418.8 million) |
| 2024-25 | ($377.3 million) |
| 2025-26 | ($293.7 million) |
Visit our Budget 2022 hub to learn more about all federal and provincial budgets.
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What does Bill C-32 mean for you, your trust, or your business?
Budget 2022Bill C-32 includes measures aimed to help with housing affordability, specific non-tax measures from Fall Economic Statement 2022, and previously proposed legislation.
Fall Economic Statement 2022
Tax ServicesOn November 3, 2022, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, tabled the federal government’s Fall Economic Statement.
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