Page 9 - 2104 Ontario Budget - Securing Opportunity Securing our Future
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Table of Contents  Chapter II: Ontario’s Economic Outlook and Fiscal Plan Section A: Overview Highlights ............................................................................................ 173 Transparency, Financial Management and Fiscal Accountability .................... 179 Transparency .................................................................................... 179 Financial Management ........................................................................ 180 Fiscal Accountability ........................................................................... 180 Section B: 2013–14 Interim Fiscal Performance In-Year Revenue Performance ................................................................. 183 Revenue Changes .............................................................................. 184 In-Year Expense Performance ................................................................. 185 Expense Changes ............................................................................... 186 Section C: Ontario’s Economic Outlook Recent Economic Developments .............................................................. 191 Ontario’s Recovery ............................................................................. 192 Global Economic Developments and Outlook .......................................... 196 U.S. Economy ................................................................................... 197 Oil Prices .......................................................................................... 200 The Canadian Dollar ........................................................................... 201 Financial Markets ............................................................................... 202 Outlook for Ontario’s Economic Growth .................................................... 206 Details of the Ontario Economic Outlook ................................................... 217 Private-Sector Forecasts ..................................................................... 218 Change in the Economic Outlook .......................................................... 219 Comparison to the 2013 Budget ........................................................... 220   vii 
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