Support for Health Care

$3.3 Billion

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

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• $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;

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• 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.