Ontario budget projects record $38.5 billion deficit as battle against pandemic takes financial toll

The Ontario government will run a record-setting $38.5 billion budget deficit this year, as measures intended to curb and recover from the coronavirus pandemic will drive expenses in Canada’s most-populous province to previously unseen levels. Premier Doug Ford’s government revealed the deficit figure in its 2020 budget, which was tabled on Thursday after being delayed by months due to COVID-19. The budget includes plans...