Summary Of Our

Action Plan Measures

Support for Health Care

$3.3 Billion

The Action Plan includes $3.3 billion in additional health care investments, including:

  • $2.1 billion in new initiatives to respond to the COVID-19 outbreak, and;

 

  • $1.2 billion to continue to meet demand for services and build a connected and sustainable health care system.

Support for People & Jobs

$3.7 Billion

The Action Plan includes $3.7 billion to support people and to protect jobs through:

 

  • $75 million in urgent additional support for 194,000 low-income seniors;

  • A one-time $200 payment per child up to 12 years of age, and $250 for those with special needs;

 

  • Six months of OSAP loan and interest accrual relief;

 

  • $26 million of new, additional support to Indigenous peoples and communities;

 

  • $200 million in new funding to provide temporary emergency supports for people in financial need;

 

  • A $1.5 billion increase in electricity cost relief compared to the 2019 Budget, making electricity bills more affordable for eligible residential, farm and small business consumers;

 

  • Cutting taxes by $355 million for about 57,000 employers through an Employer Health Tax (EHT) exemption.

Support for

People & Businesses

To Improve Cash Flow

$10 Billion

The Action Plan includes $10 billion to ensure that businesses have cash flow by:

 

  • Doubling the Employer Health Tax (EHT) exemption in 2020 – which amounts to a tax cut of $355 million;

 

  • Launching a new Regional Opportunities Investment Tax Credit, available to eligible businesses that build, renovate or acquire qualifying commercial and industrial buildings, saving them up to $45,000 in the year;

 

  • Freeing up as much as $6 billion in cash flow for about 100,000 businesses to provide flexibility to businesses in Ontario that find it challenging to meet their tax obligations;

 

  • Working with WSIB to allow employers to defer up to $1.9 billion in WSIB premium payments for up to six months.

Details about all of these measures can be found at www.Ontario.ca/MarchUpdate.

Community Resources

Constituency Office

237 Mapleview Drive East, Unit 1

Barrie, ON L4N 0W5

Phone: 705-722-0575

Fax: 705-722-8835  

Email: andrea.khanjin@pc.ola.org

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