2023 Ontario Budget Analysis

Global Risk Institute

The legislative building in Toronto on a sunny day

About this Article

The Government of Ontario’s 2023 budget, “Building a Strong Ontario” outlined the government’s spending plan which is estimated to cost $204.7 billion, the largest in Ontario’s history. The budget includes significant targeted investments in critical infrastructure projects and job creation, highlighting the provincial government’s commitment to supporting families, workers, students and seniors.

GRI’s article summarizes key highlights from the province’s budget, including insights on the government’s plan to combat rising interest rates, housing shortages, tight employment markets, inflation, and geopolitical tensions.