23-04-2015 23:07 via news.yahoo.com

Ontario pledges smaller deficits; labor unrest seen

By Andrea Hopkins TORONTO (Reuters) - Ontario’s Liberal government trimmed its budget deficit forecasts for the next two years on Thursday as it unveiled a budget that seeks cost cuts in education and healthcare, a move toward austerity that could spark labor unrest across the province. Ontario, Canada’s most populous province, which accounts for about 40 percent of the country’s economy, will run a deficit of C$8.5 billion ($7 billion) in the 2015-2016 fiscal year as it aims to return to
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