Ontario Ministry of Finance

AURORA — The Ontario Government is asking people in the Aurora area for their best advice on how to make life more affordable, invest in critical public services and balance the budget by 2023 through public consultations for the 2020 Budget.

"I would like to thank Maureen Jensen for her work as Chair and CEO of the Ontario Securities Commission. Ms. Jensen's commitment to public service and contributions to the OSC have successfully positioned Ontario to continue to grow as one of the world's leading capital markets.

TORONTO — Ontario continues to build strong, local partnerships by maintaining the funding available to municipalities through the Ontario Municipal Partnership Fund (OMPF) at $500 million for 2021.  

TORONTO — Ontario has fulfilled its promise to cut the small business Corporate Income Tax (CIT) rate by 8.7 per cent by reducing the rate to 3.2 per cent effective January 1, 2020. Supporting small businesses is part of the government's plan to attract investment and enable entrepreneurs and risk takers to grow their businesses and create high-paying, good quality jobs.

WELLINGTON — The Ontario Government is asking people from Prince Edward County for their best advice on how to make life more affordable, invest in critical public services and balance the budget by 2023 through public consultations for the 2020 Budget.  

BROCKVILLE — The Ontario Government is asking people from every region of the province for their best advice on how to make life more affordable, invest in critical public services and balance the budget by 2023 through public consultations for the 2020 Budget.

OTTAWA — Building on Premier Doug Ford's leadership, Rod Phillips, Minister of Finance, stressed the need for a collaborative approach to priorities that matter to the people of Ontario, and all Canadians, at today's meeting of federal, provincial and territorial finance ministers.

TORONTO — Today, the Ontario government moved forward with its balanced and prudent plan to make life more affordable, prepare people for jobs, create a more competitive business environment, connect people to places, build healthier and safer communities and make government smarter by passing the Plan to Build Ontario Together Act, 2019. 

TORONTO — The Ontario government is attracting investment and helping businesses grow by modernizing the regulation of the province's capital markets.

SAULT STE. MARIE — The Ontario government is delivering on its commitment to reduce the aviation fuel tax rate in Northern Ontario, helping to lower the cost of living for people in the region.

BRAMPTON — The Ontario government is lowering costs and eliminating unnecessary and outdated regulations for small business owners and entrepreneurs so they can invest in their businesses, attract new customers and clients, and transform their vision into a success.

Finance Minister Rod Phillips today released the 2019 Ontario Economic Outlook and Fiscal Review: A Plan to Build Ontario Together — which maintains the government's commitment to balance the budget by 2023-24 through prudent fiscal management while making strategic investments in critical public services, and strengthening the conditions for job creation. 

TORONTO — Ontario's government is listening to municipalities and delivering on its commitment to maintain the structure of the Ontario Municipal Partnership Fund (OMPF) for the 2020 municipal budget year.

TORONTO — Today the Ministry of Finance released a report on the legislated review of the Mortgage Brokerages, Lenders and Administrators Act led by Doug Downey, Attorney General, and Stan Cho, Parliamentary Assistant to the Minister of Finance. Their report follows extensive public consultations and input from various financial services stakeholders.

TORONTO — The Ontario Government is giving drivers more choice and convenience when it comes to their proof of auto insurance.

MIDLAND — Ontario parents and caregivers should save their receipts from day camp and summer camp for the opportunity to save come tax time. Thanks to the new Ontario Childcare Access and Relief from Expenses (CARE) tax credit, parents could receive up to 75 per cent of their eligible child care expenses for a wide range of options, including care in centres, homes and camps. 

Ontario is partnering with municipalities to combat the illegal cannabis market and keep our communities safe by providing municipalities with $6.74 million through the Ontario Cannabis Legalization Implementation Fund (OCLIF). The government is also investing $3.26 million to support municipalities with enhanced enforcement against illegal cannabis operations.

Today, the Government of Ontario delivered on its commitment of accountability and transparency to the taxpayers with the release of the province's first quarter finances. 

TORONTO — Three new board members were appointed to the board of the Investment Management Corporation of Ontario (IMCO) today. 

TORONTO — Vic Fedeli, Minister of Finance, has completed a successful week-long investor relations tour of the U.K., France and Germany, during which the messages of Ontario's commitment to fiscal responsibility and being open for business and open for jobs were heard loud and clear by international investors and CEOs.