What you need to know about Ontario’s budget

When it came to financial news, the Ontario budget tabled March 28 largely reiterated and delivered on promises from the 2017 budget.

Many of the big-ticket items in the Liberal government’s last budget before the June election centred around senior care, childcare and overall healthcare, with some focus on maintaining Ontario’s competitiveness and low unemployment rate—between June 2009 and February 2018, it dipped from 9.6% to 5.5%.

Still, there were some tax and regulatory nuggets, including the restructuring of personal taxes and planned reforms for the financial industry.

As you review what was included, here are some articles to read and share.

Ontario restructures personal taxes

The Ontario budget has introduced a plan to restructure the province’s tax brackets and eliminate a surtax paid by filers.

Is regulatory uncertainty the new norm for Ontario?

The 2018 Ontario budget offers enough information on financial industry reform to pique interest, but not enough to shed light on future regulatory processes

Ontario 2018 budget strengthens OSC enforcement powers

There will be a new Serious Fraud Office and new offences for obstructing investigations.

Ontario debt mounts as province moves back into deficit

Ontario’s debt is ballooning as the Liberal government takes the province back into deficit in its final budget before a spring election.

Ontario’s latest moves on syndicated mortgages

A look at how the province has taken steps to protect investors against the risks of syndicated mortgage investments.

Also read:

Quebec spends on health, education in pre-election budget

Breaking down the latest provincial budget releases (posted March 23, ahead of Quebec and Ontario releases)