Ontario ratepayers are closer to eliminating the residual stranded debt associated with the Debt Retirement Charge (DRC) that appears on monthly electricity bills.
Ontario begins consultations on a new legislative framework for jointly sponsored public sector pension plans.
The Ontario government has updated its fiscal plan, showing further reductions to the Province's deficit. If passed, all revenue from the tax on Ontario's highest income earners would be used to eliminate the deficit even faster.
In keeping with the government's commitment to accountability and transparency, the salaries and taxable benefits of Ontario Public Service (OPS) and broader public sector (BPS) employees who were paid $100,000 or more in 2011 were released today.
Ontario has included future voters in this year's pre-budget process through the 2012 Ontario Student Budget Consultations - the first initiative of its kind in Canada.
The Ontario government has received a report from the Ontario Lottery and Gaming Corporation (OLG) that proposes modernization of the system, an increase in its revenues by more than $1 billion a year, and the creation of 2,300 net new jobs in the gaming industry and nearly 4,000 additional jobs in the hospitality and retail sectors by 2017-18.
The Ontario government is moving forward with a responsible plan to eliminate the deficit so that more jobs are created and the economy continues to grow.
The McGuinty government continues to focus on strengthening Ontario's economy and creating jobs by announcing the addition of five new members to the Ontario Economic Advisory Panel.
On December 6, 2011 in Mississauga, Alexandre Ber and Mahadai (Sunita) Mohabir received fines totalling $1,821,223 related to 22 charges for tax evasion.
The McGuinty government remains focused on jobs and the economy. Despite uncertainty around the world, Ontario's real Gross Domestic Product (GDP) rose 0.7 per cent (2.7 per cent annualized) in the third quarter (July to September 2011).
Ontario is creating the right climate for businesses to grow and create quality jobs, with 121,300 net new jobs created in the province in 2011.
Ontario is supporting property owners who install renewable energy technologies by improving property tax assessment policies for them.
TORONTO - The Ontario government is reviewing the Supreme Court of Canada's decision carefully to assess its full implications for Ontario.