QUEEN’S PARK, TORONTO: Today Ontario Finance Minister Vic Fedeli released “A Plan for the People,” the Ford government’s plan to start to return Ontario to a solid financial footing while providing help to Ontario’s most vulnerable.
As promised, the Ford government will eliminate provincial income tax for those who earn $30,000 or less. This will mean 1.1 million Ontarians will pay up to $850 less in income tax.
“This measure will put more money in the pockets of minimum wage workers without costing jobs in our communities,” said Parry Sound-Muskoka MPP Norman Miller.
The Plan also delivers on another promise, the promise to invest $1.9 billion in mental health and addictions services. This, along with earlier investments in long-term care beds, will help cut hospital wait times and end hallway healthcare.
“These investments will support patients and help reduce wait times by providing more supports for earlier intervention,” said Miller.
“I was pleased to hear Minister Fedeli vow to reduce red tape by 25% by 2022,” said Miller. “I have been hearing from businesses across the riding about the costs associated with redundant and unnecessary government paperwork so anything we can do to reduce that burden will help these businesses create jobs.”
The Ford government also reversed the decision by the previous Wynne government to go along with the federal government decision to increase taxes on small businesses by taxing passive income earned by small businesses at the same rate as big business. This created a challenge for small business owners who were trying to save up to expand their business and create more jobs.
“Once again the Ford government is proving to be on the side of small business,” said Miller. “Most of the jobs in our area are created by small businesses so this will make a real difference in Parry Sound-Muskoka.”