Ontario Budget Set For April 23 – Taxes Going Up?

Ontario Budget

Ontarians will find out how much more taxes they’ll need to pay when the government tables its budget in about 9 days.  The government says it will outline its measure to balance the books for 2016/17 which can only mean tax increases or services cut.

Charles Sousa, Minister of Finance, will deliver the 2015 Ontario Budget on April 23, laying out the government’s plan for continued investments that create jobs and expand opportunity for Ontarians, while being fiscally responsible, to secure long-term prosperity and economic growth said a release Tuesday morning.

The budget will outline new investments that support Ontario’s four-part economic plan that is building Ontario up by investing in people’s talents and skills, building new public infrastructure like roads and transit, creating an innovative and dynamic environment where business thrives and building a secure savings plan so everyone can afford to retire.

The plan also continues to take a balanced approach to achieving a balanced budget by 2017-18