The OLG maintains they are on track to meeting the government’s revenue and efficiency targets. 2013 federal budget - impact on credit unions; Budget 2013 – impact on investment funds; 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. OCASI is deeply disappointed that the Budget fails to make equity-focused investments that would make a positive difference. Declaration of emergency in effect. The first reading of the budget bill was presented to the Legislative Assembly of Ontario by Ontario Liberal Party representative Charles Sousa on 2 May 2013. The Ontario government debt consists of the liabilities of the Government of Ontario.Approximately 82% of Ontario's debt is in the form of debt securities (bonds, Treasury bills), while other liabilities include government employee pension plan obligations, loans, and accounts payable. [5] The government also borrowed $33.4 billion, of which 70 percent was from domestic sources. [14], A "Commercialization and Innovation Voucher" pilot program was proposed, enabling entrepreneurs and small businesses to access services from Ontario research institutions. FAQs For Immediate Release: May 2, 2013. 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 … [1], It was referred to the Standing Committee on Finance and Economic Affairs by Order of the House on 5 June 2013, which considered the bill until 11 June, when it returned an amended bill which was ordered for third reading and carried on division. 2. [10][16] About 12,000 businesses had their Employer Health Tax liability eliminated as a result. RBC Economics noted the budget is on track with Ontario’s fiscal plan from the past past four years. The 2021 Budget outlines Ontario’s next steps to defeat COVID‑19. Read unique story pieces & columns written by editors and columnists at National Post. About Us [9] The capital cost allowance was extended, representing about $265 million over three years. Minister of Finance Charles Sousa presented the 2013 Ontario budget on Thursday, May 2, 2013. Skip to content Ontario.ca Français. This Is That is a current affairs program that doesn't just talk about the issues, it fabricates them! Directed by Matt Johnson. Français, Home Les navigateurs désuets ne disposent pas de caractéristiques sécuritaires permettant d’assurer la sécurité de vos renseignements. May 3rd, 2013: The Ontario government released the 2013 provincial budget yesterday and CARP staff was at the frontlines to see how it addresses the concerns of older Ontarians. The Royal Ontario Museum (ROM; French: Musée royal de l'Ontario) is a museum of art, world culture and natural history in Toronto, Ontario, Canada.It is one of the largest museums in North America and the largest in Canada. 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. [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. OSSTF/FEESO, founded in 1919, has 60,000 members across Ontario. [1], The bill was granted Royal Assent by David Onley, the Lieutenant Governor of Ontario, who signed it into law on 13 June 2013. CARP members will welcome Ontario’s recommitment to working with Provinces and the Federal Government to enact a modest enhancement of the CPP, new investment in home care, and a reduction in auto insurance rates. BFO is appreciative of the commitment made by the Government of Ontario through their release of the 2021 Ontario Budget to extend access for Ontario’s beef farmers to the AgriRecovery Beef Emergency Feed Maintenance Initiative. [12], The budget included $1 billion of expenditures in order to draw support from the NDP, the most significant of which were $404 million for welfare payments and credits, $260 million for improving access to home care, and $295 million for a youth employment program,[3] the latter of which is the "only new program that will receive any significant new money" in the budget. 2021 Ontario Budget Ontario’s Action Plan: Protecting People’s Health and Our Economy. 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