Ontario to have $22.6B in 'excess funds' to be used on programs or debt, FAO says

Ontario's budget watchdog says a look at the province's spending plan shows there will be $22.6 billion in 'excess funds' over the next few years.

Ontario's budget watchdog says a look at the province's spending plan shows there will be $22.6 billion in "excess funds" over the next few years.

The $22.6 billion represents money that isn't needed to fund existing or announced programs, so it could go toward new programs, enhancing existing programs, offset any new financial pressures that materialize or pay down the province's net debt.

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