Ontario Budget 2016

The Conference Board of Canada, February 25, 2016
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This briefing looks at Ontario’s Budget 2016 and the challenges the government faces as it attempts to balance its books on schedule by 2017–18.

Document Highlights

  • A stronger economy should help grow revenues and cut the deficit to $4.3 billion in 2016–17.
  • The government has been able to keep spending under control as it had budgeted—but the toughest cuts are still to come.
  • Budget 2016 did not introduce any major new tax revenue measures for businesses or households.

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