OLG expects the return of basketball betting will mean an additional $20 million to $40 million in sales and a net profit to the province of about $5 million to $10 million annually. ...
Category: Government Finance and the Economy
Ontario Chamber of Commerce urges Premier to open up legalized pot sales
In an open letter Wednesday the OCC called on the provincial government to 'immediately' consult with the public and stakeholders. ...
Ontario picks first roster of wine retailers
Come October up to 70 grocery stores will be able to stock their shelves with wine. Up to 70 grocery stores will be able to sell vino effective Oct. 28, including Loblaws, Walmart, Metro, Sobeys, Highland Farms and othe ...
Ontario’s exports posted sharp decline in Q2, financial watchdog says
The Financial Accountability Office notes low loonie, strong U.S. growth may make provincial export numbers appear stronger than they actually are. ...
Ontario has a lot to lose if auto industry exits, study shows
New research shows Ontario could lose billions in economic activity and thousands of jobs if auto industry leaves the province. ...
Ontario scores ‘stable’ credit rating, but fiscal outlook hazy beyond 2018
Moody's, S&P, DBRS and Fitch say ballooning debt remains a 'key weakness' for the province. Ontario’s credit agencies are satisfied with the province’s path to fiscal balance, for now ... ...
Put legalized pot in the LCBO, public employee union says with new poll
According to a new Nanos poll, commissioned by the Ontario Public Service Employees’ Union, the LCBO is the weed dealer of choice for many Ontarians. ...
Bonnie Brooks envisions a renaissance at the LCBO
The incoming chairwoman of the board talks pot, provincial duty, and the LCBO's cool factor. ...
Ontario’s debt clock rolls over to $300 billion
The Canadian Taxpayers' Federation wants an audit to suss out inefficiencies in government spending. ...
Autoworkers’ union counting on Ontario to chip in for auto industry investment
The top priority for Unifor is new commitments for Canadian-built vehicles, and Unifor president Jerry Dias says it is "do-or-die time." ...