Highlights of Ontario's 2020 budget - News Summed Up
Highlights of Ontario's 2020 budget

Highlights of Ontario's 2020 budget

November 05, 2020 22:41 UTC

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Highlights of Ontario's 2020 budget


The Ontario government unveiled its new budget on Thursday, amid a backdrop of the ongoing COVID-19 pandemic and the related economic fallout. Here are some key highlights:Record spendingThe budget projects more than $187 billion in expenditures this year, including $30 billion in pandemic-specific spending. Money for at-home school costsThe budget renews funding to help parents with the added costs of at-home education. Tax credit for seniorsThe budget includes a new tax credit to help seniors live in their homes longer. The budget says when the new cash is combined with previous investments it will total nearly $1 billion over six years for broadband expansion.


Source: CBC News November 05, 2020 22:41 UTC



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