News Ontario releases 2021 budget SHARE ON: Casey Kenny, staff Wednesday, Mar. 24th, 2021 (Image supplied by CPAC) The Ford government says its 2021 budget focuses on the health and well being of the people of Ontario. The $186.1 billion budget, unveiled Wednesday afternoon, shows a $33.1 billion deficit which likely won’t be paid back before 2029. It includes $6.7 billion in spending for pandemic-related measures and also offers a third round of payments through the Ontario COVID-19 Child Benefit. The benefit is being doubled to $400 per child and $500 for each child with special needs. The budget also includes an additional $1.8 billion for hospitals in the province along with $650 million for long-term care in 2021.