Feigenbaum Law

Ontario Budget 2018

Budget

Corporate Tax Planning

Ontario’s 2018 Budget: Tax Credits, but no Corporate Tax Cut

Earlier this week, Ontario’s Finance Minister Charles Sousa delivered the provincial Liberal’s final budget prior to June’s pending election. The budget calls for $20.3 billion in spending over the next three years, including more than $900 million for businesses and jobs training under a “Good Jobs and Growth Plan”. The budget projects 2.2% provincial GDP growth in 2018, 1.8% in 2019, and 1.9% in 2020 (growth was an estimated 2.7% in 2017). Read More