Restoring trust in Ontario’s finances

 

Ontario has a plan to responsibly balance the budget, reduce the debt burden, and restore trust, transparency and accountability in the Province’s finances.

In the nine short months since taking office, the government has already reduced the deficit by $3.3 billion, going from $15 billion to a projected $11.7 billion for the 2018–19 fiscal year.

Putting people first

 

We’re working for you — putting people at the centre of every service, program, policy and process.

 

Improving alcohol choice and convenience

The government is respecting adults and trusting them to make responsible choices that work for them.

 

Fixing the broken auto insurance system

The government is making changes to lower costs, give drivers more control over their rates and help people injured in auto accidents to get the care they need sooner.

 

Building transit faster

The Province’s historic funding for public transit includes the proposed new Ontario Line to help relieve subway overcrowding, and an expansion of GO Transit.

Protecting what matters most

 

By restoring fiscal balance, the government is protecting critical public services, including our world-class health care and education systems, for generations to come.

 

Helping families

The proposed new Ontario Childcare Access and Relief from Expenses (CARE) tax credit would give families more flexibility to choose the child care that is right for them, and would make it more affordable.

 

Supporting seniors and their families

The government is proposing a new dental program for low-income seniors and an Estate Administration Tax cut for all taxable estates, and the Province is accelerating the development of 30,000 long-term care beds.

Open for Business, Open for Jobs

 

The government is making Ontario an attractive place to invest, grow a business and create jobs.

The Ontario Job Creation Investment Incentive is providing $3.8 billion in provincial corporate income tax relief over six years through faster write-offs of capital investments.

 

Supporting job creators and workers

Ontario is cutting red tape, lowering business costs, creating apprenticeship opportunities, and giving students more choice and opportunity.

 

Supporting Northern Ontario

The Province is helping communities in the North improve their quality of life, attract investment and create jobs.

Learn More

Read the news release
Read the Minister’s Statement

Updated: April 11, 2019
Published: April 11, 2019