The NDP accused the Liberals of not consulting at all before setting the low-income threshold at $19,300 in the budget — and nearly doubling the deductible for everyone else. ...
Tag Archives: 2016 budget
Budget 2016: Hospitals get slight spending boost, but opposition says it’s still not enough
Hospital base funding will increase for the first time in five years, but the overall health-care budget is still growing below the rate of inflation. ...
Budget 2016: Ontario to set up single drug plan, but hike costs for seniors
Even with the changes, the government says Ontario seniors will still pay among the lowest "out-of-pocket" expenditures for prescription drugs in Canada - but the opposition disagrees. ...
Budget 2016: Government prepares for $400-million splurge on business schemes
The new investments to be made under the Business Growth Initiative are intended to throw startups a lifeline, as well as fund new research and development efforts and cut through red tape. ...
Budget 2016: Post-secondary education will be free for low-income students
The overhaul eliminates tuition and education tax credits while providing more grants – and in some cases free tuition – for lower-income students. ...
Budget 2016: New revenue measures include tax hikes on wine and cigarettes
A cigarette tax hike will come in at the stroke of midnight, and mark-ups on wine are being gradually raised over the next three years. ...
Cap-and-trade and tuition funding overhaul headline 2016’s optimistic budget
The province posted a $5.7-billion deficit last year, and is now on the home stretch to balance its budget by 2017/18 ...
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