Ontario Ministry of Finance

Ontario is helping businesses grow while increasing consumer convenience by allowing wine, beer and spirits manufacturers to have a bar or restaurant at each of their licensed manufacturing sites. 

Ontario is offering a new and convenient way to buy alcohol products by introducing online sales through LCBO.com.

The Ministers responsible for capital markets regulation in British Columbia, Ontario, Saskatchewan, New Brunswick, Prince Edward Island and Yukon, and the Minister of Finance of Canada, have chosen the Capital Markets Regulatory Authority's initial board of directors and set new timelines for implementing the Authority.

Ontario is modernizing the auto insurance system to allow for coverage of ride-sharing services in order to better protect drivers and consumers. 

Ontario is working to improve the management of broader public sector investment funds, including public sector pensions, through the creation of the Investment Management Corporation of Ontario (IMCO), which will provide investment management and advisory services to participating organizations in Ontario's Broader Public Sector (BPS). 

Charles Sousa, Ontario Minister of Finance, and Indira Naidoo-Harris, Associate Minister of Finance, have confirmed Ontario's approval of the agreement in principle to enhance the Canada Pension Plan (CPP):

Canadian Finance Minister Bill Morneau and Ontario Finance Minister Charles Sousa issued the following joint statement  following the Finance Minister's Meeting in Vancouver today:

Charles Sousa, Ontario Minister of Finance, and Indira Naidoo-Harris, Associate Minister of Finance, have issued the following statement in response to the agreement in principle on Canada Pension Plan (CPP) enhancement at the Federal-Provincial-Territorial Finance Ministers' Meeting in Vancouver:

Charles Sousa, Ontario Minister of Finance, and Indira Naidoo-Harris, Associate Minister of Finance, have issued the following statement in response to the agreement in principle on Canada Pension Plan (CPP) enhancement at the Federal-Provincial-Territorial Finance Ministers' Meeting in Vancouver:

Ontario is expanding pension coverage to over four million workers without an adequate workplace pension plan.

Starting today, Ontario Savings Bonds (OSBs) are on sale until June 21, 2016.

Self-employed Ontarians must file their tax return by June 15 to receive credits and benefits on time. 

Ontario has appointed members for a nominating committee that will recommend candidates to serve on the Ontario Retirement Pension Plan Administration Corporation's (ORPP AC) Board of Directors. 

Ontario is securing $260 million, subject to closing adjustments, from the sale of the LCBO head office lands, which is composed of over 11 acres of real estate in downtown Toronto near the waterfront, to Menkes Developments Ltd., on behalf of a partnership comprised of Menkes, Greystone Managed Investments and Triovest Realty Advisors. 

Charles Sousa, Minister of Finance has issued the following statement in response to Moody's improvement of Ontario's outlook to Aa2 stable:

Today Ontario intends to introduce legislation that will ensure every eligible employee is part of the Ontario Retirement Pension Plan (ORPP) or a comparable workplace pension plan by 2020.

Today the Ontario government passed the Jobs for Today and Tomorrow (Budget Measures) Act, 2016, which outlines the next phase of the government's plan to create jobs and economic growth. 

Ontario is partnering with Jays Care Foundation to make it easier for Blue Jays fans to buy 50/50 tickets and support charitable revenues.

Ontario is seeking public feedback on recommendations to help consumers access quality, professional financial planning and advice.

Today, Finance Minister Charles Sousa released the 2016 Ontario Budget: Jobs for Today and Tomorrow, which outlines the next phase of the government's plan to create jobs and economic growth. More than 600,000 jobs have been created since the recessionary low in June 2009. Ontario is projected to create more than 300,000 additional jobs by the end of 2019, which would bring total job creation to more than 900,000 net new jobs over a 10-year period. The Ministry of Finance is forecasting growth in Ontario real GDP of 2.5 per cent in 2015 and 2.2 per cent in 2016. Ontario's economic growth is now outpacing national growth, and is expected to continue being among the strongest in Canada over the next two years.