
By MPP Toby Barrett
To The Haldimand Press
On April 11, the Ontario government presented a plan to balance Ontario’s budget in a reasonable and responsible manner, all the while reducing the burden of debt. At the same time, it will be delivering $26 billion in relief to individuals, families, and businesses.
The tax relief and other consumer measures are being rolled out over six years with the goal of protecting what matters most.
For starters, Ontario’s present government is eliminating over $3 billion in tax increases planned or imposed by the previous government. Ontario continues the fight to scrap the cap-and-trade carbon tax amounting to over $10 billion in savings during the next six years.
People will see relief of over $2 billion through the implementation of the Low-income Individuals and Families Tax (LIFT) Credit.
Ontario is helping families with child care expenses through the new Childcare Access and Relief from Expenses (CARE) tax credit, totalling over $2 billion.
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