• Stephen Lecce, MPP

Third Quarter Finances Demonstrate Ontario's Commitment to Individuals, Families and Businesses

February 10, 2021

TORONTO — Today, the Ontario government released the province's 2020-21 Third Quarter Finances, which demonstrates an unwavering commitment to support individuals, families and small businesses during the COVID-19 pandemic. The report shows that the government is projecting to spend $25 billion more than last year, including an additional $2.6 billion since the 2020 Budget. These investments are being used to deliver the Ontario Small Business Support Grant, to provide more hospital supplies and PPE, and to better protect long-term care homes and child care settings. "Our priority remains protecting lives and livelihoods and defeating this virus," said Minister Bethlenfalvy. "That's why we are spending $25 billion more this year than we did last year. It's why our government outlined our $45 billion action plan in response to COVID-19 in the fall Budget. And it's why, since then, we have been focused on beating this second wave. Today's report - which outlines record levels of government spending - demonstrates that." Since the 2020 Budget, Ontario's Action Plan: Protect, Support, Recover, significant additional investments have been made as part of the Ontario government's urgent CO