Ontario set to reveal economic update, with rebate cheques and cost of booze changes [Video]

Ontario’s finance minister is set to table his fall economic statement on Wednesday afternoon, with the annual document expected to shed light on how the liberalization of alcohol has impacted LCBO revenues and a series of new funding promises from the Ford government.

The fall economic statement, also considered the province’s mini-budget, includes updates on Ontario’s debt, the cost of various government programs and details of the economic outlook.

As it has in previous years, the Ford government has already revealed several of the measures that will be included in the document.

The headline announcement the government is touting is a $200 cheque — or tax rebate — for almost every adult in the province and an extra $200 for every child. The plan, which opposition parties have called a “gimmick” and a “bribe,” will see the cheques mailed out across the province early next year.

The fall economic statement is also expected to include a …