Ontario’s 2025 budget almost meets the moment

Ontario’s 2025 budget almost meets the moment

In unprecedented times, governments must risk doing things differently, writes Peter Weltman

2025 Provincial Budget – Ontario

On May 15, 2025, Ontario’s Minister of Finance, Peter Bethlenfalvy, presented the 2025 Ontario Budget – A Plan to Protect Ontario.  The province’s budget includes the following tax measures: Business Tax Measures   Corporate income tax rates Ontario’s corporate income tax rates have not changed. Ontario tax deferral The budget provides businesses a reminder that the payment of select provincially administered taxes (e.g. employer health, gas, fu…

Ontario’s 2025 Budget and Transit

Ontario unveiled its 2025 budget on May 15. Although it speaks of “Approximately $61 billion over 10 years for public transit”, by far the lion’s share of this spending is for projects already underway in the construction and design stages. All of this is for capital expansion and renewal, and nothing has been announced for day-to-day improvement of transit service. GO Transit The budget cites: The Hamilton-Niagara through service connection at…

COLUMN: Ontario’s 2025 budget almost meets the moment

In unprecedented times, governments must risk doing things differently, writes Peter Weltman