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August 12, 2021 update

Information is accurate as at 3:00 p.m. EDT. Information may be affected by subsequent announcements.

Links to government announcements follow at the end of the update.


  • Ontario - 2021-2022 Q1 finances: The Ontario government released its 2021‑2022 First Quarter Finances report, which provides information about the province’s 2021‑2022 fiscal and economic outlook as of June 30, 2021. For 2021‑2022, government projections estimate a deficit of $32.4 billion ($700 million less than that projected in the province’s 2021 budget). An additional $2.2 billion will be set aside for the Time‑Limited COVID‑19 Fund.

Links to government announcements:

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