Doug Ford vows to cut Ontario’s corporate income tax to 10.5 per cent
Ontario’s Progressive Conservatives promised Wednesday to cut the provincial corporate income tax if they win the spring election, saying the move would stimulate job growth and boost the economy.
Newly minted Tory Leader Doug Ford said his party would cut the rate from the current 11.5 per cent to 10.5 per cent.
“We’re going to create the environment to make sure this province is the most prosperous province anywhere in Canada,” he said. “We’ll make sure we have the most competitive region in North America to do business.”
Comment fount on twitter:
What the tax cut agenda means is "you can't have more, you can't have better".
It's framed as being about choice - you know how to spend your money better than government.
But you can't choose things that markets don't create: affordable housing, childcare, good transit etc.
Armine Yalnizyan @ArmineYalnizyan 4h4 hours ago
Drives me crazy when politicians promise to keep your taxes low, freeze them, or cut them.
What they're saying is - we're going to give you less (inflation, maintenance costs will mean you get less quality and less quantity).
Let's challenge this in Toronto, in Ontario, in CDA
Armine Yalnizyan @ArmineYalnizyan 4h4 hours ago
Easy access to services that improve quality of life means everyone can optimize their contributions to the economy.
Healthier, more educated, more connected people.
Better economic performance.
More growth.
*Better lives*, individually and collectively.
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