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March 24, 2023

Ontario budget 202324 discussed

On March 23, Ontario Finance Minister Peter Bethlenfalvy tabled the province’s fiscal 2023-24 budget. The budget contains tax measures mainly affecting corporations. The minister anticipates a deficit of $1.3 billion for 2023-24 and projects surpluses of $0.2 billion in 2024-25 and $4.4 billion in 2025-26.

A Tax Alert prepared by EY Canada, and attached below, provides additional details.


Full text of Tax Alert