Promise History
1.03.20 - “Reward Job Creation: Lower business taxes from 11.5% to 10.5%”
Published: Jun 2018
Broken
04-Nov-2021
04-Nov-2021
Justification
As of December 2020, the corporate income tax remains at 11.5%. The promise is considered broken.
“Ministers have made references to ‘more take-home pay’ (possibly code for a broad-based income tax cut or tax credit) and talked of making Ontario ‘the best place to do business’ (which could mean a cut to corporate taxes). However, a senior PC Party source told CBC News there will be no corporate tax cuts in Thursday’s mini-budget.”
Ontario finance minister reveals post-COVID economic recovery plan
Published: Nov 2021
Not yet rated
12-Apr-2021
12-Apr-2021
Justification
The corporate income tax rate in Ontario remains at 11.5%.
“The Ontario basic income tax rate is 11.5%.”
Ontario – Provincial corporation tax
Published: Apr 2021
Not yet rated
17-Dec-2019
17-Dec-2019
“The Ontario General corporate income tax rate is currently 11.5%.”
Corporation tax rates
Published: Dec 2019
Not yet rated
Started tracking on: 29-Jun-2018
For The People: A Plan for Ontario
Published: Jun 2018
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