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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 .
Website www .fsrao .ca The Financial Services Regulatory Authority of Ontario ( FSRA ; French : Autorité ontarienne de réglementation des services financiers ) is a self-funding Crown agency which acts as the financial regulator for the Canadian province of Ontario .
The Ontario Securities Commission (OSC; French: Commission des valeurs mobilières de l’Ontario) is a regulatory agency which administers and enforces securities legislation in the Canadian province of Ontario. The OSC is an Ontario Crown agency which reports to the Ontario legislature through the Minister of Finance.
Ontario has the fiscal capacity to support its economy during the coronavirus pandemic, the new finance minister of Canada's most populous province told Reuters on Tuesday, adding that debt ...
Peter Bethlenfalvy MPP is a Canadian businessman and politician who has been the finance minister for Ontario since December 31, 2020. [1] [2] Bethlenfalvy has sat in the Ontario Legislature as the member of Provincial Parliament (MPP) for Pickering—Uxbridge since the 2018 Ontario provincial election, representing the Progressive Conservative (PC) Party.
The Ontario Finance Department reported in October 2018, that Ontario's public debt per person at $23,014, had surpassed that of Quebec at $21,606 in the fiscal year 2017–2018. [18] Newfoundland and Labrador public debt per capita at $27,761, was the highest in Canada.
The Financial Administration Act of 1954, formalized the board's role as the committee of the cabinet on all matters relating to finance, revenues, estimates, expenditures and any other matter concerning general administrative policy of the government. The board was also given the power to call witnesses and compel the production of documents ...
The ministry promoted the integrity of Ontario's self-assessing tax system by encouraging compliance through taxpayer education and customer service, while discouraging non-compliance through enforcement activities. [1] Following the 2011 Ontario general election, the Ministry of Revenue was merged into the Ministry of Finance.