[12] Compared to the 2012 provincial budget, program spending was forecast to grow by 3 percent to $117 billion. ONTARIO BUDGET 2013. Skip to content Ontario.ca Français. Entitled "A Prosperous and Fair Ontario," the Budget focused on deficit reduction and initiatives that the Government believes will stimulate economic growth and assist those in need. 2. Several poverty-related measures were announced in today’s Ontario budget: including increasing social assistance rates by 1% (as well as an additional $14 monthly increase for singles on Ontario Works) and increasing earnings exemptions for those on social assistance that are … Today (May 2, 2013), Ontario Finance Minister, Charles Sousa tabled the province’s 2013 Budget. Home About Us Budget Credits, Benefits Economy Taxes FAQs News Contact Us. Read unique story pieces & columns written by editors and columnists at National Post. However, the continuing emphasis on austerity and balancing the budget will have an overall negative impact on these populations. [21] Overall healthcare expenditures were expected to increase by $3 billion. Quick Facts – Ontario Schools, 2013–14 Quick Facts – Ontario Schools, 2012–13 ( PDF , 180 KB) Quick Facts – Ontario Schools, 2011–12 ( PDF , 178 KB) The 2013 provincial budget has provisions that may help make electronic agreements of purchase and sale in Ontario more of a reality, according to the latest from the Ontario Real Estate Association. [1] The C$127 billion budget was designed to sufficiently appeal to Members of Provincial Parliament (MPPs) of the Ontario New Democratic Party (NDP), whose support the Liberal minority government needed in order for the bill to pass. It extends a few olive branches to the opposition NDP. En savoir plus sur les navigateurs que nous supportons. In today's budget, the Ontario government announced that it is continuing with its pension reform agenda, but it is not all old news . 2013 Ontario Budget Commentary May 2, 2013 INTRODUCTION Finance Minister Charles Sousa delivered Ontario’s 2013 Budget, his first as Finance Minister, on May 2, 2013. [15], The Employer Health Tax exemption was increased from $450,000 to $500,000 for small businesses, and was eliminated for companies other than registered charities with at least $5 million in payroll in Ontario. [7] It proposed amendments to the Securities Act and Commodity Futures Act, adding new classes of securities fraud for attempted market manipulation and attempted fraud, clarifying insider trading regulations, and allowing the Ontario Securities Commission to share information with regulatory and law enforcement agencies. 2013 federal budget - impact on credit unions; Budget 2013 – impact on investment funds; Ontario. To review the OHBA Media Release commenting on the Provincial Budget please follow this link . CP. Program Memorandum No. ONTARIO 2013 BUDGET Ontario Finance Minister Charles Sousa delivered the provincial budget afternoon. The 2013 Ontario budget, known as the Prosperous and Fair Ontario Act, is the budget for the province of Ontario for fiscal year 2013. Ontario’s debt will balloon to $272.8 billion with interest costs of $10.6 billion a year. OCASI is deeply disappointed that the Budget fails to make equity-focused investments that would make a positive difference. [14], Recipients of the Ontario Works and Disability benefit will retain $200 of employment earnings before the benefit is reduced. [6], The provincial government will collaborate with the federal government to mitigate "aggressive tax avoidance" transactions used to attempt to avoid Ontario taxes, and to minimize tax losses as a result of corporations transferring profits to other jurisdictions. Clients can access Ontario Works COVID-19 key information from the Ontario government. read 2013/14 Provincial Budget Highlights May 2, 2013 Overview The 2013 Ontario Budget, A Prosperous and Fair Ontario, builds on the government’s commitment to eliminate the province’s deficit by the 2017-18 fiscal year. It was presented to the Legislative Assembly of Ontario for its first reading on 2 May 2013 by Charles Sousa, the Minister of Finance of the Government of Ontario, and received Royal Assent on 13 June 2013. The Ontario Universities’ Application Centre (OUAC) processes undergraduate and professional applications for admission to Ontario’s universities. This year’s report by the Green Budget Coalition focuses on a comprehensive set of recommendations for how the federal government can follow-through on its commitment to a green recovery. On May 2, 2013, the Ontario government unveiled its 2013 Budget (the "Budget"). [9] The capital cost allowance was extended, representing about $265 million over three years. Ontario Budget 2013 | National Post. [8], Statutes amended by the budget include the Corporation Tax Act, Employer Health Tax Act, Fuel Tax Act, Gasoline tax Act, Income Tax Act, Land Transfer Tax Act, Mining Tax Act, Provincial Land Tax Act (2006), Retail Sales Tax Act, the Taxation Act (2007), and the Tobacco Tax Act. [17], The government announced the pending implementation of pooled registered pension plans per legislative changes by the federal government,[7] and reform of the pension system. You are here: Home > Budget > Ontario Budgets > 2013 > 2013 Ontario Budget : Select a Budget year: 2013 Ontario Budget . Analysis: The 2013 Ontario Budget, a bouquet of thorny roses. Search. Ontario budget 2013 videos and latest news articles; GlobalNews.ca your source for the latest news on Ontario budget 2013 . politics Ontario Budget 2013: One Small Step Forward for Transit Funding. In today's budget, the Ontario government announced that it is continuing with its pension reform agenda, but it is not all "old news". Minister of Finance Charles Sousa presented the 2013 Ontario budget on Thursday, May 2, 2013. Les navigateurs désuets ne disposent pas de caractéristiques sécuritaires permettant d’assurer la sécurité de vos renseignements. 119, released by the ministry in the spring of 2013, requires all Ontario school boards to develop an equity and inclusive education policy. Ontario has a plan to responsibly balance the budget, reduce the debt burden, and restore trust, transparency and accountability in the Province’s finances. Celebrating the 2013 Creative Strategies Incubator Cohort. [9] Specifically, the government would withhold clearance certificates until resolution of debts associated with the Alcohol and Gaming Regulation and Public Protection Act (1996), Fuel Tax Act, Gasoline Tax Act, Race Tracks Tax Act, and Tobacco Tax Act. About Us Performing Arts. Ontario Budget 2013: NDP Will Consult Public Before Deciding How To Vote. Many translated example sentences containing "Ontario 2013 budget" – French-English dictionary and search engine for French translations. Matt Gurney: Ontario NDP's slo-mo slide from victory to incompetence. Four things you need to know about Ontario’s new budget ANALYSIS: A whopping $33.1 billion deficit is planned for this year — and we’re looking at deficits until 2029 as the province recovers from COVID-19 . Rbc Economics noted the budget is on track with Ontario ’ s ever.. Its proposed budget to the reserve fund protection to Electronic agreements of and. 1 April 2014, after fraudulent claim issues were addressed planned a 15 percent Reduction in insurance! Ontario Drug benefit program legal protection to Electronic agreements of purchase and sale commenting the! Education, the budget will be announced very soon 23.3 billion to protect People ’ s had... 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