Ontario’s 2023 budget will help the province address 'uncertain economic times,' according to the finance minister.
Ontario’s 2023 budget will help the province address “uncertain economic times,” according to the finance minister.
“Our government's plan is the right plan to navigate these challenges and it is already showing results,” he told reporters at an announcement on Tuesday. “Jobs are being created and we continue to attract manufacturing investments that you haven't seen in decades.”Bethlenfalvy has shared very little about what will be in the budget publicly, saying only that it will be a “responsible, targeted approach.”“I don’t think you can cut your way to prosperity," he said.
The comments were made at a pre-budget announcement that saw an additional $224 million invested into building and upgrading training centres. The province will also be spending $75 million more over the next three years to “support the operations and programming at new and existing centres.”“Ontario is facing a historic labor shortage,” McNaughton told reporters. “In construction alone, we'll need 100,000 skilled workers over the next decade due to retirements and job growth.
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