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Ontario finances show budget still balanced

Ontario finances show budget still balanced
From Global News - August 11, 2017

TORONTOOntarios first-quarter finances show the government is still on track to balance this years budget.

A bilateral agreement between Ontario and the federal government on early learning and childcare gives the government both $145 million in new revenue and expenses.

READ MORE: Ontario debuts first balanced budget in a decade


Other new spending includes $85 million to clean up the mercury-contaminated English-Wabigoon River system in northern Ontario, nearly $15 million in compensation for flooding of Lac des Mille Lacs First Nation reserve land, as well spending on famine relief efforts in Yemen, South Sudan, Somalia and Nigeria.

That funding is coming out of contingency funds.

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