Last mentioned: Mar 11, 2026
Balanced Budget Target
The government's target date to return to a $200M surplus, despite watchdog skepticism.
Target Surplus Year
The year the government aims to return to a balanced budget.
Budget Tabling
The 2026 provincial budget will be formally introduced in the legislature.
Budget Tabling
Official introduction of the 2026 fiscal plan in the Ontario Legislature.
Budget Date Announcement
Minister Bethlenfalvy announces March 26 as the tabling date for the 2026 budget.
Budget Date Announced
Minister Bethlenfalvy sets March 26 for the 2026 budget tabling.
Previous Budget Projections
Ontario projected a $14.6B deficit for the 2025-26 fiscal year.
2025 Budget Release
Province projects a $14.6 billion deficit for the upcoming year.
Ontario Finance Minister Peter Bethlenfalvy has announced the 2026 provincial budget will be tabled on March 26, emphasizing a strategy to bolster productivity and business competitiveness. The fiscal plan arrives amid a narrowing deficit but faces skepticism from financial watchdogs regarding the province's path to a balanced budget by 2027.
Finance Minister Peter Bethlenfalvy announced Ontario's 2026 budget will be tabled on March 26, focusing on productivity and technology adoption. Despite a projected $13.4 billion deficit, the government aims to leverage innovation to address rising healthcare costs while maintaining public service flexibility.