The Wynne Government is out with its 2015 budget.
Ontario is projecting a deficit of $8.5-billion in 2015-16, and a return to a balanced budget by 2017-18.
Finance Minister Charles Sousa says they’ll be making major investments, while paying off the deficit.
The province is promising an investment of almost $12-billion on infrastructure such as roads, bridges, public transit, water systems, hospitals and schools.
Budget goodies also include an extra $250-million over two years in the Ontario Youth Jobs Strategy and increasing funding for the ten year, $2.5-billion Jobs and Prosperity Fund to partner with more businesses including the Forest Industry.
More funding has also been made available for opening new schools and upgrading older institutions.
Sousa is also promising our hydro rates won’t skyrocket now that Ontario is moving forward with a partial sale of Hydro One.