High marginal tax rates discourage productive economic activities such as work, savings, investment and entrepreneurship.
In 2016-17, the deficit was $0.991 billion but $6.276 billion was added to the net debt.
The PCs promise to follow through on the Wynne government’s commitment to raise the minimum wage to $15 per hour.
In this year’s budget, the Wynne government forecasts a nearly 5 per cent increase in program spending.
The province’s top earners face a tax rate of 53.5 per cent on any additional earnings.
Those smart thermostats won't be free—taxpayers will foot the bill.
Ontario’s top combined marginal personal income tax rate is 53.5 per cent.
The cost and the time required for the project would likely increase dramatically.