Conference Board report projects Ontario will be at least $2.4 billion in the red by 2017-18 and says it needs to raise more taxes or cut spending further to eliminate the deficit by then. ...
Category: Taxes and Benefits
Heard: Town of Midland workers to hold strike vote
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Federal income splitting could cost Ontario $1.1 billion a year, Mowat Centre says
Proposed federal family income-splitting tax changes could cost Ontario more than $1.1 billion a year in lost revenue, says a Mowat Centre report. ...
Eglinton Crosstown to be first project funded by green bonds
Finance Minister Charles Sousa says the Eglinton Crosstown transit project will be the first recipient of the province's green bonds, to the tune of $500 million. ...
Expanding land transfer tax will hurt economy, warns OREA
The Ontario Real Estate Association is lobbying against municipal land transfer taxes ahead of local elections, saying the extra fee will cause job losses. ...
Happening: Domtar and Town of Espanola settle tax dispute
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Unifor, Bombardier both make concessions to end strike
Employees of Unifor Local 1075 slowly began returning to work over the weekend with their defined benefit plan intact, but with precedent-setting concessions for new workers. ...
Tuition funding report calls for more money, but is the well dry?
Canadian Centre for Policy Alternatives says rising fees and reduced government funding have more than tripled Ontario's average post-secondary costs since 1994. But what exactly is an average tuition anyway? ...
Sousa woos Wall Street with low corporate tax pitch
Finance Minister boasts: 'Our work has made Ontario … including our financial epicentre Toronto … one of the top destinations for foreign direct investment in North America.' ...
Deal between Steelworkers, U of T addresses pension reform
Tentative contract covering 7,000 administrative and technical employees includes an 'innovative plan for pension sustainability.' ...
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