TORONTO – The Ontario budget will increase taxes on high income earners, tobacco and aviation fuel, according to a document obtained from a source outside the Liberal government.
What is said to be a 2014 budget overview prepared for the Liberal cabinet and provided to The Canadian Press on condition that the source remain anonymous says the government will increase personal income taxes on “higher-income earners.”
The document does not specifically define that income level or say how big a tax increase is planned for upper income earners. But a Toronto Star report Tuesday quotes sources as saying the new tax will be levied only on income earned above $150,000.
Periods of rain. Wind east 20 km/h. High 11.
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TRAFFIC AND TRANSIT
REMINDER: Motorists are being reminded that the several lanes of the Gardiner Expressway will be closed for construction projects.
Roads: Click for the latest Toronto traffic.
The Raptors expect a repeat of Sunday, when a capacity crowd of 2,500 red-clad fans jammed Maple Leaf Square to watch the game on the giant screen outside the Air Canada Centre.
IN THE NEWS…
Five people were sent to hospital following a fire at a bed and breakfast in Milton overnight.
A female driver was uninjured after her car plunged into a construction area pit overnight in Toronto.
Ontario Liberals are promising to boost the minimum wage of personal support workers in the home-care sector by $4 an hour.
Ontario’s international exports are expected to grow by six per cent this year and seven per cent next year, according to a new forecast by Export Development Canada.
The European Union believes that at least one chemical found in apples — diphenylamine, or DPA — is potentially harmful to our health.
ALSO COMING UP TODAY…
The Registered Nurses’ Association of Ontario unveils its vision for a future health system: Charting a Course for the Health System and Nursing in Ontario. (9:30 a.m. at Queen’s Park Media Studio, Main Legislative Building, Queen’s Park)
Ontario Ombudsman Andre Marin releases a report on his latest investigation into how the Ministry of Transportation monitors drivers with uncontrolled hypoglycemia who may be a danger on the roads. (12 p.m. at Queen’s Park Media Studio)
Ontario Premier Kathleen Wynne, along with Labour Minister Kevin Flynn and Community Safety and Correctional Services. Minister Yasir Naqvi, makes an announcement. Media availability to follow. (4 p.m. at Toronto Fire Station 314, 12 Grosvenor St.)
Unveiling of Canada’s uniforms for the 2014 Commonwealth Games in Glasgow. (4 p.m. at The Glass Factory, 99 Sudbury St.)