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Ontario's government has announced that the provincial deficit for the fiscal year 2025-26 stands at $13 billion. This figure represents a slight improvement from the earlier estimated deficit of $14.6 billion as outlined in the 2025 budget. The province's public accounts report highlights various financial adjustments and reflects efforts to address the budgetary shortfall. With the updated financial data, the government is looking to facilitate better fiscal policy decisions moving forward. Stakeholders are encouraged to review the report to understand the implications of these figures on service delivery and future budget planning across Ontario.
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Ontario deficit of $13B is a little better than initially projected: province
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