News: Finance

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  • Ontario to Provide Estate Tax Relief for Families

    Ontario's Government for the People is proposing to provide tax relief to families when they need it most by reducing and simplifying the Estate Administration Tax.  

    News Release | Finance

  • 2019 Ontario Budget: Ontario's Plan to Protect What Matters Most

    In its first Budget, Ontario's Government for the People has introduced a comprehensive and sustainable plan that sets out a five-year path to a balanced budget to protect critical public services such as health care and education. 

    News Release | Finance

  • Statement from the Finance Minister on the 2019 Federal Budget

    "Today's federal budget confirms the federal government does not share Ontario's vision for making our province, let alone our country, Open for Business and Open for Jobs, and threatens manufacturing jobs and small businesses in Ontario. This in addition to hurting hard-working families by imposing its job-killing carbon tax.

    Statement | Finance

  • Ontario to Release 2019 Budget on April 11

    As the Government for the People continues to restore trust, transparency and accountability in Ontario's finances, Vic Fedeli, Minister of Finance, announced today that he will deliver the 2019 Ontario Budget on April 11, 2019.

    News Release | Finance

  • Ontario's Third Quarter Finances Show $1 Billion Reduction in Deficit

    Today Vic Fedeli, Minister of Finance, was joined by Peter Bethlenfalvy, President of the Treasury Board, to provide an update on the province's finances. The government released the Ontario 2018-2019 Third Quarter Finances which, for the first time, reveal a $1 billion reduction in the Province's deficit, largely driven by increased economic activity from consumers and businesses. The deficit is now projected to be $13.5 billion in 2018-19.

    News Release | Finance

  • Ontario Helping With Recreational Cannabis Costs

    Ontario's Government for the People is assisting municipalities with the cost of legalizing cannabis and combatting the illegal market by providing a second payment of $15 million by the end of February to help safeguard communities.

    News Release | Finance

  • Reforming Auto Insurance for the People

    The Ontario Government, working for the people, is inviting drivers and consumers to share their views on how to lower the province's auto insurance rates as part of its commitment to making life more affordable.

    News Release | Finance

  • Ontario Stands Up For Families and Businesses

    Ontario's Government for the People is standing up for the families and businesses that will be hurt by the combined impact of the federal government's job-killing carbon tax and the Canada Pension Plan (CPP) enhancement, both of which come into force today. 

    News Release | Finance

  • Ontario Renews Calls to Scrap the Federal Carbon Tax

    Ottawa - Building on Premier Ford's leadership, today at the meeting of federal, provincial and territorial Finance Ministers, Vic Fedeli renewed Ontario's call to scrap the federal carbon tax. Minister Fedeli made it clear that this tax, along with the enhancement to the Canada Pension Plan, will make Canada a less attractive place to do business.

    News Release | Finance

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