High tax rates lower the incentive for individuals to work, save and invest.
ontario taxes
October 30, 2024
11:37AM
The province's debt will reach $429 billion this year.
October 29, 2024
8:51AM
The top combined personal income tax rate in the province remains at 53.53 per cent.
March 27, 2024
9:54AM
Among 61 Canadian and U.S. jurisdictions, Ontario had the third-highest top combined personal income tax rate.
March 24, 2023
8:39AM
The budget plan lacks a comprehensive vision to enhance the province's competitiveness.
January 10, 2023
8:58AM
Research suggests corporate income taxes are among the most harmful components of the provincial tax mix.
January 5, 2023
1:00AM
November 21, 2022
8:42AM
The province's top income tax bracket to 53.53 per cent, the third-highest rate in North America.
April 29, 2020
11:49AM
Less permit fee and land transfer tax revenue is driving Toronto’s overall revenue drop.
July 24, 2019
10:33AM
Ontario’s top income tax rate is the second-highest in Canada and the United States.