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Ontario’s Horwath Says NDP Is Prepared to Support Budget

May 21 (Bloomberg) -- Andrea Horwath, leader of Ontario’s opposition New Democratic Party, says she’s agreed to support the governing Liberal party’s budget, meaning Canada’s most populous province won’t face an early election.

“We are prepared to support this budget,” Horwath said in a news conference in Toronto.

With 51 seats in the 107-seat legislature and two seats vacant, the Liberal Party needs support from opposition parties to pass their budget and avoid an election. While the Progressive Conservative Party of Ontario pledged to oppose the fiscal plan, NDP demands to lower car insurance premiums, introduce initiatives on youth unemployment and boost home healthcare spending were included in the Liberal budget.

In further negotiations after the budget was presented May 2, the government accepted an NDP demand for a Financial Accountability Officer to monitor spending.

To contact the reporter on this story: Ari Altstedter in Toronto at aaltstedter@bloomberg.net

To contact the editor responsible for this story: Paul Badertscher at pbadertscher@bloomberg.net

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