Ontario’s Plan to Build
Rebuilding Ontario’s Economy
- Close to $1 billion committed for critical legacy infrastructure, such as all-season roads to the Ring of Fire to build the Corridor to Prosperity and seize Ontario’s critical mineral opportunities
- More than $12 billion attracted in new investment for new vehicle production mandates and battery manufacturing over the past 18 months, to help create good manufacturing jobs
- Estimated $8.9 billion in cost savings and support for Ontario employers, including small businesses
Working for Workers
- $1 billion annually in employment and training programs
- An additional $114.4 million over three years for the Skilled Trades Strategy
- New, three-year applied degree and four-year degree programs at Ontario colleges
- $15.50 per hour general minimum wage, starting October 1, 2022
Building Highways and Key Infrastructure
- $158.8 billion capital plan over 10 years, including $20 billion in 2022–23: one of the most ambitious capital plans in Ontario’s history
- $25.1 billion in capital over 10 years to support planning, building and improving highways, including Highway 413, the Bradford Bypass, Highway 401 and Highway 7
- $61.6 billion in capital over 10 years for public transit, including expanding GO rail services to London and Bowmanville
Keeping Costs Down
- 5.7 cents per litre cut to the gas tax for six months starting July 1
- $120/year savings in Southern Ontario and $60/year savings in Northern Ontario by eliminating licence plate renewal fees for passenger and light commercial vehicles
- $300 in additional tax relief in 2022, on average, for 1.1 million lower-income workers through the proposed Low-income Individuals and Families Tax Credit enhancement
- Removing tolls on Highways 412 and 418
A Plan to Stay Open
- Over $40 billion in capital over 10 years for hospitals and other health infrastructure
- $764 million over two years to provide nurses with up to $5,000 retention bonus
- $42.5 million over two years to support expansion of medical education and training
- Planning to invest up to an additional $1 billion in home care over three years
Updated: April 28, 2022
Published: April 28, 2022