Ontario Premier Doug Ford keeps on describing the province’s economy in glowing terms, but plenty of economists believe a far less rosy picture will be painted when Ford’s finance minister tables his budget on Tuesday.
“The world is talking about Ontario right now,” Ford said when asked about the state of the economy during a news conference in Richmond Hill last week.
“It’s absolutely staggering what’s happening here in Ontario,” he said. “We’re an economic powerhouse.”
Ford pointed to the multi-billion-dollar plans by Stellantis and Volkswagen for electric vehicle battery plants in Ontario and predicted the province will see a record amount of corporate
