�$�B]��t�~�[U[/� . Mr. Speaker, I rise to present the 2016 Ontario Budget. Français, Home a�b�- �k�i��#�����ċ}P��\�S�����W�n�덵�Z[N����&�I �8*�S��b�?�D)�孉�UGt�GvBk���ʗ6��s���%��C��+�(���7���:������h��l�@a���� �Z�A�Z�E����~�� f���,$�H�� Y$���^r�K��� _�-F�z�xZd��2��-J�&I��(��1��cO�@H��c!M�3I�b@�� ��3�����!��%Ɩ�[�(J"Q����{����H\�1>�O�ᯈ$�N{^F��#ʳ����%�r46=;-�dC. ����us ���Q&I�I���(N�#pz�c�v*��e�k�i�����o��u�u|���2���h��ae*��ـ��=0���W�V + �]��Y,�WʸҦ�v>-�0q� �AC�x@���gӠ����|`I�ǣͽE&�'������V k�Ug6{�I
<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> 15 Gervais Drive, Suite 407, Toronto Ontario M3C 1Y8 ONTARIO BUDGET 2016 Labour Council’s submission to the Ontario Finance Committee listed five priorities that should be addressed by the 2016 budget. Budget - Last Modified: Wednesday, March 16, 2016, Ontario’s Investments Creating Jobs for Today and Tomorrow, Improving Access to Postsecondary Education, Growing the Economy and Creating Jobs for Tomorrow, Ontario Cannabis Legalization Implementation Fund. <>>> endstream endobj 441 0 obj <>stream <> #�>��xx�V6�N�B��#�=�C!۠�^|�'K�� �#��j;�����D�j���K7]���3o�����:}�ʵ�C���@�д_ Ontario.ca ?Êc�%�"��^��H&a��+���5K�^�g ;��P�Y ��R�����`��� 8������Ӈ r�Y�*s��L�( ��Bo8���_���o�p�_��������k�zb`�t(�w3��ȇcѾe��HdS�(��a��d�@(b �P����o���BX7�a9v�r�of9�Cؖϔ���y���VP�-n�#i8j3���q�� endobj 3 0 obj
The budget projects deficits of $5.7 billion in 2016 and $4.3 billion in 2017 and a balanced budget in 2018. 4 0 obj
%PDF-1.6 %���� The budget does not include any Ontario tax rate changes for individuals or businesses. 2016-09 Today Ontario Finance Minister Charles Sousa delivered the province’s 2016 budget. 2016 Ontario Budget: Highlights for the Tourism Industry Toronto, Ont. The Ontario Research and Development Tax Credit (“ORDTC”) is a 4.5% non-refundable credit. C��n�ꍖ���]\N!�ܘ)�� ¾ The 2016 budget also reiterates the Ontario government’s intention to enhance the Canada Pension Plan (CPP) and to adopt the Ontario Retirement Pension Plan (ORPP). %����
2 0 obj The Ontario Innovation Tax Credit (“OITC”) is a 10% refundable credit for small to medium A bill to that end should be introduced next spring. %PDF-1.5 By 2020, all eligible Ontario workers would be covered by the ORPP or by a comparable plan from their employer.
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440 0 obj <>stream endobj ONTARIO BUDGET ANNOUNCEMENT - 2016 Starting January 1, 2016, such split income would be taxed at Ontario’s top marginal personal income tax rate of 20.53%, and no surtax would be payable on that income. Credits, Benefits PERSONAL Personal Income Tax Rates No changes were proposed in the 2016 Ontario budget. C. Other Tax Measures Tobacco Tax Effective February 26, 2016, Ontario’s tobacco tax will increase from 13.975 cents to 15.475 ��a�0E͙m� �����$��s*��sm̪��͛N�Zh���M�f��=���0t�l�E��d�Y�Sk�����:�9�ܥ;�=�ځ_��p#$P� Entitled Jobs for Today and Tomorrow , there are many elements of this year’s Budget that directly and indirectly affect Ontario’s tourism industry. �8�;�d�$�x��mBY��!��hp�,��7�Ⱦ�����|M '#�$���k�g�C�t�y���Sx+lX�R�EM�6� C�9�S�خ�⧕f���.�ϵ��s$N��+#�����alyHLo�TV���ɏ�� ��H ��ȡŸ7}�4�RDc��u�����XD�t+v-%^6+�[u�!��t��� I`vUVk��V����zj$���q ���5�r�ج�hŅY���B Bqv�$���|cA9)$|H�ow r�s1ܠ�*cn�g�n��s$IM�9����Nh�K$�U���vj27âǦ�{h��V�D'uO�u@\���D^�����(�C��^�)��a��y��^#�D �.