Finance Minister Charles Sousa will deliver the 2016 Ontario budget this afternoon in the legislature.
The budget is expected to contain more details of the Liberal government’s cap-and-trade plan.
Premier Kathleen Wynne yesterday revealed that consumers will see an increase of about 4.3 cents a litre on gas and about five dollars more per month on residential natural gas.
Sousa has denied that cap-and-trade revenue will be used to lower the 7.5-billion-dollar deficit, which the Liberals have promised to eliminate by 2017-18.
Ontario’s net debt expected to exceed 300-billion dollars.