Key Highlights:

• Lowering Business Costs
• Maintaining a Corporate Income Tax Rate of 11.5%
• Elimination of the Capital Tax
• Accelerated Depreciation on manufacturing and processing equipment
• Increasing the EHT exemption threshold from $400,000 to $450,000
• Cap and Trade Costs
• Gasoline increases by 4.3 cents per litre
• Natural gas prices increase by 3.3 cents per cubic metre
• WSIB Reduction of approximately 15% by the year 2022.
• Tuition Assistance

Click the image or here to view the 2016 Ontario Budget