Canada: Tax measures in 2022 budget (Ontario)

Ontario's 2022 budget was delivered on 28 April 2022.

Ontario's 2022 budget was delivered on 28 April 2022.

Ontario's Finance Minister delivered the province's 2022 budget on 28 April 2022.

Although the budget does not include any new changes to the corporate or individual (personal) tax rates, it would:

  • Extend the temporarily enhanced regional opportunities investment tax credit rate of 20%
  • Amend Ontario's cultural media tax credits
  • Introduce the Ontario seniors care-at-home tax credit

Read a May 2022 report [PDF 234 KB] prepared by the KPMG member firm in Canada

 

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