Ontario budget promises billions for infrastructure, critical minerals; could eliminate deficit sooner than expected

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Ontario budget promises billions for infrastructure, critical minerals; could eliminate deficit sooner than expected
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Doug Ford\u0027s government said the economic recovery plan could eliminate Ontario’s deficit two years earlier than projected

Despite the spending, the government said the economic recovery plan laid out Thursday could eliminate Ontario’s deficit two years earlier than projected in the 2021 budget.

“Critical minerals will become part of the future of clean steel, batteries and hybrid and electric vehicles as the next generation of automobiles are built in Ontario… and sold across North America and the world,” Doug Ford’s government said in statement unveiling the budget promises.In further symmetry with Ottawa, the Ontario budget included commitments to technology and innovation, promising to invest nearly $107 million over the next three years to commercialize promising tech.

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