The budget plan lacks a comprehensive vision to enhance the province's competitiveness.
Research suggests corporate income taxes are among the most harmful components of the provincial tax mix.
The province's top income tax bracket to 53.53 per cent, the third-highest rate in North America.
Less permit fee and land transfer tax revenue is driving Toronto’s overall revenue drop.
Ontario’s top income tax rate is the second-highest in Canada and the United States.
McGuinty’s new top tax bracket was called the temporary “deficit-fighting high income tax bracket.”
Ontario increased its top rate to 20.53 per cent.
The province's top combined federal/provincial personal income tax rate stands at 53.53 per cent.
If investors can fetch a higher after-tax return by investing in Ontario over Alberta, there’s a good chance they will.