Ontario’s finance minister is set to deliver a key fiscal update today, pledging to keep the province on a path to balance despite the ongoing trade war with the U.S.

Peter Bethlenfalvy made the pledge earlier this week to a business audience in Toronto as he laid the foundation for the fall economic statement. The minister said the document will show Ontario’s books will be in the black by 2027-2028, which was projected in his spring budget.

The minister said he intends to hit that target even though the economy is feeling the effects of the U.S. President Donald Trump's tariffs.

“You know, while people have been desensitized to debts and deficits, I think they still really matter,” Bethlenfalvy said.

”And we have an obligation not just to think about, as (former prime minister) Brian

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