November 5, 2021

Yesterday Ontario’s Finance Minister, the Hon. Peter Bethlenfalvy, delivered his first Fall Economic Statement. The Statement is a legally required update on the year’s Budget that was delivered this year on March 24.

Click here »» to access the full Economic Statement.

As I have done in the past, I am forwarding to you an analysis of the update from one of my clients, Sussex Strategy Group, an experienced and highly respected government relations firm that offers strategic and consulting services.

I find their reports and analyses informative and insightful, and I hope you will also. .  

As always, please contact me with any employment questions you may have or for assistance working through your staffing matters.

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Ontario’s 2021 Fall Economic Statement:
Building the Foundation for Re-Election

Yesterday afternoon, Ontario’s Finance Minister, the Hon. Peter Bethlenfalvy, delivered his first Fall Economic Statement. Titled Build Ontario and informally billed as “a pivot to economic recovery,” today’s Fall Economic Statement unofficially kicks off the 2022 election campaign (if it hadn’t started already).

In practice, the Fall Economic Statement is a legally required update on the year’s Budget (delivered on March 24, 2021), halfway through the fiscal year; in reality, the Fall Economic Statement serves as a mini-Budget, full of spending promises, new programs and other important policy pronouncements.

The document also clearly lays out the Ford government’s vision for post-pandemic Ontario – one that relies on infrastructure and other major building projects to drive economic growth and create solutions to Ontario’s significant labour shortfall.

Click here to »» read the the full Sussex Strategies Analysis