Search results
Results from the WOW.Com Content Network
The Toronto government debt is the amount of money the City of Toronto government has borrowed to finance capital expenditures. Under the City of Toronto Act, the Toronto government cannot run a deficit for its annual operating budget. [1] In addition, City Council has set the limit of debt charges not to exceed 15% of the property tax revenues ...
Approximately 82% of Ontario's debt is in the form of debt securities (bonds, Treasury bills), while other liabilities include government employee pension plan obligations, loans, and accounts payable. [5] The Ontario Financing Authority, which manages the provinces' debt, says that as of March 31, 2020 (for the 2019-20 fiscal year), the ...
Public services in Toronto are funded by municipal property taxes, financial transfers from the Government of Ontario and Government of Canada, or are operated and financed by the higher-level governments. Funding for services provided by the municipal government is determined by a vote of the Toronto City Council in favour of the year's ...
The Ministry of Finance is a ministry of the Government of Ontario responsible for managing the province's fiscal policy, developing the provincial budget, and financial sector regulation. The minister of finance – called the treasurer before 1993 – leads the ministry and is responsible to the Legislative Assembly of Ontario.
Established in 2016, FSRA officially succeeded its predecessor agencies – the Financial Services Commission of Ontario and the Deposit Insurance Corporation of Ontario – on June 8, 2019. [1] The Financial Services Regulatory Authority of Ontario operates at arms-length from the Government of Ontario , and reports to the Legislative Assembly ...
Key takeaways. In May 31,2023, the Consumer Financial Protection Bureau ordered OneMain Financial to pay $20 million for deceiving and misleading some 25,000 consumers.
The Government of Ontario (French: Gouvernement de l'Ontario) is the body responsible for the administration of the Canadian province of Ontario.The term Government of Ontario refers specifically to the executive—political ministers of the Crown (the Cabinet/Executive Council), appointed on the advice of the premier, and the non-partisan Ontario Public Service (whom the Executive Council ...
Supply Ontario (SO; French: ApprovisiOntario) [NB 1] [1] is a Crown agency of the Government of Ontario.Created in 2020, the agency's mandate is to provide and support supply chain management and procurement activities for the provincial government, the broader public sector, and health care sector.