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2022 Ontario Budget

Ontario’s Plan to Build

Automotive factory assembly line

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
Skilled tradesperson operating a hand drill

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
Workers and materials involved in construction along Highway 69

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
Woman smiling and seated in driver seat in car

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
Female medical professional talking to elderly female patient in her home

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
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