Ontario Economy
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Ontario government set to match federal 2-month tax ‘holiday’ on some itemsLast week, the Trudeau government announced a series of new affordability measures over the holiday period, including a two-month 'GST holiday' on some items beginning on Dec. 14.EconomyNov 27
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Revenues are up in Ontario, but ‘challenging’ economic conditions continue for manyOntario is set to unveil its fall economic statement on Wednesday, with details of the cost of alcohol liberalization and $200 rebate cheques for almost everyone in the province.EconomyOct 30
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Ontario to table next major economic update, including details of booze costsThe minister of finance will unveil his fall economic statement at the end of October, charting Ontario's economic course for the next six months at least.PoliticsOct 16
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Ontario ends 2023-24 with nearly balanced budget, partly due to international tuitionA final tally of the spending and revenues for the last fiscal year and it showed Ontario ended the 2023-24 year just $600 million in the red.CanadaSep 19
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Jobs or housing? How Ontario’s 2 key priorities could collideA recent shift from the province suggests two goals — jobs and housing — may be in conflict as the Ford government weighs scrapping rules it introduced to protect employment lands.EconomyNov 9, 2023
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EXCLUSIVE: Premier Doug Ford’s 2018 mandate letters demanded savings by ‘year two’Global News can reveal the 2018 mandates given to the Minister of Finance, Treasury Board and all cabinet ministers instructing them to “identify efficiencies and savings.”PoliticsSep 13, 2023
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Almost 30% of Ontarians buying used goods monthly to help with cost of living: surveyA total of 29 per cent of Ontarians who responded to a Paypal survey admitted to buying second-hand goods once a month, which is actually below the national average of 31 per cent.CanadaJun 14, 2023
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Volkswagen to build EV battery plant in OntarioVolkswagen has announced it plans to build an electric vehicle battery plant in St. Thomas, in southwestern Ontario.EconomyMar 13, 2023
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Italian pasta company Andriani to open production facility in London, Ont.The plan will see Andriani, known for its Biori and Felicia pasta brands, construct a 50,000 sq. ft. facility dedicated to manufacturing allergen and gluten-free pastas.EconomyFeb 15, 2023
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Ontario resilient enough to weather possible recession, finance minister saysPeter Bethlenfalvy says the fiscal situation has improved by billions of dollars, although still running at a deficit.EconomyFeb 15, 2023
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