Key highlights from Ontario Budget 2019 - News Summed Up

Key highlights from Ontario Budget 2019


Childcare tax creditThe Ontario Childcare Access and Relief from Expenses (CARE) tax credit is based on a sliding scale for households earning up to $150,000 per year. Back to balanceDeficits are projected until 2023-24, when the budget is forecast to hit a "modest surplus." Licence plate changesAfter weeks of speculation, the design of the new Ontario licence plate was revealed. The new plates (and licences) will be issued "following the exhaustion of existing stock," the budget says. In 2018-19, the government expects to take a loss on its Ontario Cannabis Store (OCS) operation, which it pegs on initial set-up costs.


Source: CBC News April 11, 2019 20:37 UTC



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