The tax increase will deter business investment in the economy and chase away capital.
income tax rates
June 17, 2024
1:30AM
At $50,000 of income, residents in the province face the third-highest tax rate among 61 jurisdictions in North America.
May 21, 2024
8:59AM
The Ontario government expects a net debt increase of more than $24 billion this year alone.
April 25, 2024
2:30AM
Only 16 per cent of Canadians said they receive good or great value for their tax dollars.
April 15, 2024
10:13AM
An individual making C$50,000 per year faces a higher income tax rate in Ontario than in every U.S. state.
April 11, 2024
9:30AM
From 2013 to 2022, per-person economic growth—a broad measure of living standards—was at its lowest rate since the Great Depression.
April 11, 2024
2:30AM
From 2015/16 to 2022/23, the government added more than $820 billion in gross federal debt.
April 10, 2024
12:52PM
The province had the fourth-highest top combined income tax rate among 61 Canadian and U.S. jurisdictions.
