The province's program spending will reach $193.0 billion this year—an increase of $2.3 billion from the budget tabled in March.
tax cuts
November 2, 2023
3:55PM
August 9, 2023
11:30AM
The province's top combined income tax rate is 54 per cent.
May 4, 2021
3:13PM
Several provinces now have top combined income tax rates exceeding 50 per cent.
January 30, 2020
11:44AM
The government’s plan to increase the “basic personal amount” will cost nearly $7 billion annually.
January 6, 2020
2:10PM
Nine of the provinces are in the top 10 jurisdictions in North America with the highest personal income tax rates.
July 18, 2019
10:42AM
The Trudeau government raised the top income tax rate from 29 per cent to 33 per cent.
June 5, 2018
9:00AM
By eliminating several tax credits, Ottawa increased income taxes for many Canadians.
May 1, 2018
9:08AM
Families that previously used the income-splitting tax credit could pay up to $2,000 more in federal income taxes.
November 22, 2017
8:51AM
The Wynne government’s “Fair Hydro Act” borrows money, which must be paid back, to lower energy costs.
July 12, 2016
4:20PM
The latest tax increase is the payroll tax hike that will be used to finance CPP expansion.