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| April 28, 2017 | |||||||
| 2017 Ontario Budget Commentary | |||||||
| Finance Minister Charles Sousa tabled the Ontario Budget on April 27, 2017. The deficit for the 2016-17 fiscal year is projected to be $1.5 billion, with a balanced budget projected for 2017-18, 2018-19 and 2019- 20. Topics include:Measures Affecting Individuals Personal Income Tax Rates Ontario Seniors’ Public Transit Tax Credit Ontario Caregiver Tax Credit Medical Tax Credit for Fertility-Related Expenses Multijurisdictional Tax Filers Postsecondary EducationMeasures Affecting Businesses Corporate Income Tax Rates Employer Health Tax AvoidanceOther Taxes Hotel Tax Tobacco Tax Enhancements to the Canada Pension Plan Property Tax Measures Income Tax Avoidance/Strengthening Ontario’s Tax System | |||||||
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