DUFFERIN – CALEDON The 2025 Ontario Economic Outlook and Fiscal Review builds on the progress announced in this year’s budget, showing that Ontario’s economy remains stable and that the province continues to remain on track to return to a balanced budget by 2027-28. Ontario continues to demonstrate resilience and strength in the face of U.S. tariffs and global uncertainty.
“Our government’s plan is working,” said Sylvia Jones, MPP for Dufferin-Caledon. “Even in the face of U.S. tariffs and global challenges, Ontario continues to protect jobs, invest in communities, and create new opportunities for workers and families across the province. This year’s fall economic statement reinforces that Ontario’s economy remains one of the most competitive and resilient in the G7”.
Since the onset of U.S. tariffs, Ontario has acted quickly with over $30 billion in support measures to protect jobs and businesses. Through programs like the Protect Ontario Financing Program and Protect Ontario Workers Employment Response Centres, the province is ensuring that workers and employers have the tools they need to stay strong and adapt to changing global conditions.
$50 million is being invested in the Better Jobs Ontario program to support workers and skills training that will help more job seekers quickly train and upskill for in-demand, good-paying careers, a key benefit for growing communities like Dufferin-Caledon.
Our government continues to invest in services and infrastructure that strengthen communities across the province, including right here in Dufferin-Caledon.
The government is delivering on its plan to build Ontario by expanding health care, improving community safety, and keeping life affordable for families. This includes:
- Over $1.1 billion over three years to enhance home care and the Hospital to Home program;
- Nearly $11.5 billion in direct relief to help families with everyday costs;
- Permanent cuts to the Gasoline and Fuel Tax, saving drivers 5.7 cents per litre.
Our government’s approach remains fiscally responsible and forward-looking. The province is projecting a deficit of $13.5 billion in 2025-26, an improvement from previous forecasts, and expects to reach a surplus of $0.2 billion in 2027-28.
Despite global uncertainty, Ontario’s revenues are up by $3.2 billion, reflecting steady growth, strong consumer confidence, and responsible management.
Media Contact:
Office of Sylvia Jones, MPP for Dufferin-Caledon
Address – 180 Broadway, 3rd Floor, Suite A, Orangeville, ON L9W 1K3
Karol Jakubczak, Constituency Assistant:
Email – karol.jakubczak@pc.ola.org
Phone – 519-215-6328