Six things Ontario’s social impact world needs to know about the new provincial budget

The province’s Progressive Conservative government is promising record investments in housing, vaccination efforts, and childcare spaces.

Why It Matters

With a new wave of COVID-19 variants sweeping across the province, Ontario’s government needs to offer serious financial commitments to healthcare, economic participation, and community development.

Ontario unveiled a $186.1 billion provincial budget on Wednesday to weather the latest wave of the COVID-19 pandemic, promising record investments in healthcare infrastructure, small business support, and vaccination efforts.

The realities of the COVID-19 pandemic in Canada’s largest province have forced its Progressive Conservative government to do something it hasn’t  historically enjoyed — go deeper into debt to fund social services and an eventual economic recovery. Ontario’s unemployment rate is currently at 9 percent. More than 7,200 Ontarians have died of the virus — or roughly 19 a day since the province’s first COVID-19 related death on March 11. The province is in the midst of a third wave of COVID-19 composed mainly of variants such as the U.K’s B.1.1.7. 

Ontario Finance Minister Peter Bethlenfalvy defended the province’s spending in a forewo

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