Ontario Ministry of Finance

Ontario's non-resident speculation tax (NRST) is helping to address unsustainable demand in the Greater Golden Horseshoe while ensuring Ontario continues to be a place that welcomes all new residents, as new data shows that home purchases by buyers who are not citizens or permanent residents of Canada have decreased.

Today the Ontario government released the 2017-18 First Quarter Finances , which confirm Ontario is on track to balance the budget this year while making investments in the programs and services people and families rely on most.

Ontario is supporting the development of a highly-skilled workforce and helping businesses in Niagara region access the technology and expertise they need to grow, create jobs and compete in the global marketplace.

Ontario has signed an agreement-in-principle with Chippewas of the Thames First Nation regarding tobacco regulation and revenue sharing, in order to help support community growth and prosperity and advance self-regulation. 

Charles Sousa, Minister of Finance, issued the following statement on the completion of the restructuring of Stelco (the operating name of U.S. Steel Canada Inc. effective December 2, 2016) and its sale to Bedrock Industries Group LLC (Bedrock), effective June 30, 2017:

Ontario is taking further steps to help ensure workers' retirement benefits are protected and maintained, while helping businesses compete and attract skilled workers.  

Charles Sousa, Minister of Finance, issued the following statement on the tentative agreement between the Liquor Control Board of Ontario (LCBO) and the OPSEU Liquor Board Employees Division (LBED):

Charles Sousa, Minister of Finance, issued the following statement on the court's approval of the plan for Bedrock Industries Group LLC (Bedrock) to purchase and restructure Stelco (the operating name of U.S. Steel Canada Inc. effective December 2, 2016).

Today Ontario passed legislation that will increase housing affordability for people in the Greater Golden Horseshoe and reduce the cost of public transit for seniors across the province.

Ontario Savings Bonds (OSBs) are now on sale until June 21, 2017 -- a safe, secure, flexible investment fully backed by the province.

Ontario is moving forward with changes that will help ensure workers' retirement benefits are protected and maintained, while enabling business to grow and be more competitive.

Ontario has introduced legislation that would, if passed, increase housing affordability for people in the Greater Golden Horseshoe (GGH) and make public transit more affordable for seniors across the province.

Today Ontario passed the Stronger, Healthier Ontario Act (Budget Measures), 2017, which includes significant investments in health care and education, including free prescription medications for everyone aged 24 and under through OHIP+: Children and Youth Pharmacare, starting in January 2018.

Ontario has announced the next 76 grocery stores across the province that can sell beer and cider, starting June 30. 

Today, Finance Minister Charles Sousa released the 2017 Ontario Budget: A Stronger, Healthier Ontario, which includes significant investments in health care and education. Ontario's first balanced budget since the global recession -- thanks to a strong economy and responsible fiscal management -- introduces free prescription drug coverage for everyone aged 24 and under, makes important investments to reduce wait times and improve access to care, helps students and makes life more affordable for Ontario families.

Ontario is helping more children access affordable, quality licensed child care to give them the best start in life and support families across the province. 

Ontario is making it easier for people who care for loved ones, with more respite services that allow people to take a break from their unpaid duties, increased education and training opportunities for caregivers, and a new, streamlined Ontario Caregiver Tax Credit.

Ontario is helping young people prepare for successful careers by creating 40,000 new work-related learning opportunities over three years for K-12 and postsecondary students, as well as recent graduates.

Today, Charles Sousa, Minister of Finance, issued a statement following a meeting on housing with Federal Minister of Finance Bill Morneau and Mayor of Toronto John Tory:

Charles Sousa, Minister of Finance, announced today that he will deliver the 2017 Ontario Budget on April 27. The Budget will outline the government's plan to create a stronger, healthier Ontario through investments in key services that help people and their families.