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Category: Taxes and Benefits
Liberals’ budget easily passes house 56 to 37
Just before breaking for summer recess, a key measure is adopted - with all the familiar warnings. ...
Seen: Toronto rehab clinic fined $200,000 for auto insurance fraud
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Ontario balanced-budget delay called ‘a risky strategy’
C.D. Howe commentary says Ontario should move more quickly on deficit fighting but Ottawa should delay its plan to balance the books. ...
S & P affirms Ontario credit rating, but with negative outlook
Ontario maintains AA- rating for long-term bonds, and A-1+ on short-term debt and commercial paper, but S&P expresses concern that the government may not be able to balance the books as planned. ...
C.D. Howe Institute says Ontario business investment dismal
C.D. Howe report urges more private investment, and notes Ontario and Quebec have weak performances in investing in workers. ...
Rob Ford’s budget criticism taken with grain of salt
Finance Minister Charles Sousa is not particularly worried about criticism from the Toronto mayor, noting a big chunk of provincial spending goes to the GTHA. ...
Sousa brings insurance, towing bill as rates climb slightly
Finance Minister Charles Sousa says that, despite a slight climb in auto insurance rates, Liberals are still committed to 15-per-cent cuts but not until 2015. ...
Ontario keeps its credit rating – with a caveat
DBRS maintains AA (low) with "stable" trend but, regarding the deficit, agency has "doubts that the government will have the fortitude to make the difficult decisions required to adhere to its original targets." ...
Budget2: List of changes in new budget from May 1 fiscal plan
An update on the original budget, Bill 194, which was tabled at the beginning of May. ...