12 April 2019

Ontario budget 2019-20 discussed

Ontario Finance Minister Victor Fedeli tabled the province's fiscal 2019-20 budget on April 11. The budget contains tax measures affecting individuals and corporations. The budget contains no new taxes and no tax increases. Further, the minister anticipates a deficit of $11.736 billion for 2018-19, and projects deficits for each of the next four years, with a return to balance in 2023-24.

A Tax Alert prepared by Ernst & Young Canada, and attached below, provides additional details.

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ATTACHMENT

Full text of this Tax Alert

Document ID: 2019-0762