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Ontario budget to debut today

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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 $5 more per month on residential natural gas.
    
Sousa has denied that cap-and-trade revenue will be used to lower the $7.5 billion deficit, which the Liberals have promised to eliminate by 2017-18.
    
Ontario's net debt expected to exceed $300 billion.


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