TORONTO, Nov 6 (Reuters) - The Canadian province of Ontario, the world's biggest sub-sovereign debtor, said on Wednesday it expects a smaller budget deficit for the current fiscal year than previously anticipated as revenues rose and it cut taxes for small businesses.
Canada's most populous province forecast a deficit of C$9.0 billion ($6.8 billion) in the 2019-2020 fiscal year, down from C$10.3 billion estimated in April's budget, a fiscal update from the Progressive (NYSE:PGR) Conservative government showed. The fiscal year ends on March 31.
($1 = 1.3180 Canadian dollars)