Bloomberg – Ontario’s deficit will be nearly twice as large as it projected in March as the government bolsters measures to cushion the economy from the coronavirus pandemic. Premier Doug Ford’s administration is projecting a deficit of C$38.5 ($29.1 billion) for the 2020-2021 fiscal year, up from an estimated shortfall of C$20.5 billion, according to documents released Wednesday by the finance department. Canada’s largest provincial economy is planning C$30 billion of virus-related measures, up from C$17 billion.

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