No new tax increases, with $26 billion over six years in relief for individuals, families and businesses.
Queen’s Park – Oakville North-Burlington MPP Effie Triantafilopoulos is pleased that the 2019 Ontario Budget protects what matters most, enhancing funding for our health and education systems. The plan is one that puts people first, making Ontario open for business to invest and create good jobs. The plan respects taxpayers’ dollars, presents a sustainable plan that will stimulate job creation and ensures the government continues to work for the people.
One key budget proposal is a Childcare Access and Relief from Expenses (CARE) tax credit. The CARE tax credit would be one of the most flexible child care initiatives ever introduced in Ontario, putting parents at the centre of the decision-making process. CARE would help low- and middle-income families with up to 75% of their eligible child care costs per year, including those for daycares, home-based care, and camps.
Seniors would benefit from our new plan to help them access dental care. The government will invest $90 million by the end of this summer to establish a program to help low-income seniors.
Quotes from Effie Triantafilopoulos MPP:
“I am proud to be part of a government that focuses on protecting what matters most – our vital health and educations systems. Helping low-income seniors with dental care will help them live in dignity.”
“Our government’s new Childcare Access and Relief from Expenses (CARE) tax credit will give families the flexibility they need to make their own childcare choices. Low- and middle-income families will be able to claim up to 75% of their eligible child care costs per year.”
- The budget contains a new Ontario Job Creation Investment Incentive to help businesses grow and create jobs
- Ontario’s economy is expected to grow at a steady pace from 2019 to 2024.
- Ontario’s employment is forecast to rise at an average annual pace of 1.1 per cent over the same period.
Media Contact: Mark Hensen