Ontario’s Finance Minister Vic Fedeli delivered the province’s 2019 budget on April 11, 2019.
Ontario's Finance Minister Vic Fedeli delivered the province's 2019 budget on April 11, 2019. The budget anticipates deficits of $11.7 billion for 2018-19 and $10.3 billion for 2019-20, and projects a modest surplus in 2023-24. Although the budget does not include any new changes to the corporate or personal tax rates, it introduces a new refundable Ontario Childcare Access and Relief from Expenses (CARE) personal tax credit and eliminates the Estate Administration Tax on the first $50,000 of an estate's value.
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