The province’s top earners face a tax rate of 53.5 per cent on any additional earnings.
ontario tax system
Higher energy costs have helped drive Ontario’s anemic economic performance.
Attributing Ontario’s manufacturing struggles to global forces is, at best, an oversimplification.
From 2011 to 2014, average annual economic growth in Michigan was higher than in Ontario, despite slower population growth.
Ontarians are already burdened by a $300 billion provincial net debt that has ballooned over the past decade.
On the eve of the new Liberal government’s first federal budget, the key is to get incentives right at home.
The federal Liberals plan to increase the top federal personal income tax rate.