🚨 Ontario's fiscal forecast brings concern as the projected deficit for the upcoming year hits $9.8 billion, nearly double the previous estimate. Despite measures to curb spending, factors like high interest rates and increased expenses contribute to the challenge. However, the province aims to gradually reduce the deficit, targeting a modest surplus by 2026. #OntarioBudget #EconomicUpdate 📉💰 #TaxSeason #TaxTips #InternationalStudents #CanadaTaxSeason #CRAAdvice #QRAfinancials #CanadaTaxConsultants #MalayaliTaxConsultant #QRAfinancials #QRtax #tax #accounting #taxpaying #taxprofessional #malayaliaccountant #accountingcompany #ontario #canada #torento #taxpreparation #taxplanning #taxaccountant #QR #CorporateFinance #taxdeductions #helpforaccounting #TaxReturns #corporatetaxcanada

👉Ontario's proposed budget alterations to auto insurance coverage might lead to increased premiums, say insurers, though health workers argue they're crucial for improving care access. The changes aim to modernize the system, offering consumers more choice and combatting rising auto theft rates. While insurers support measures against crime, they express concerns over becoming first payers for health services and fee reviews for health providers. Health groups welcome these changes for enhancing patient care. The timeline for implementation remains unclear, with consultations planned before any alterations by the Financial Services Regulatory Authority.✅ . 𝐍𝐚𝐯𝐢𝐠𝐚𝐭𝐞 𝐲𝐨𝐮𝐫 𝐡𝐨𝐦𝐞 𝐣𝐨𝐮𝐫𝐧𝐞𝐲 𝐞𝐟𝐟𝐨𝐫𝐭𝐥𝐞𝐬𝐬𝐥𝐲 𝐰𝐢𝐭𝐡 𝐊𝐚𝐦𝐚𝐥, 𝐲𝐨𝐮𝐫 𝐝𝐞𝐝𝐢𝐜𝐚𝐭𝐞𝐝 𝐆𝐓𝐀 𝐑𝐞𝐚𝐥𝐭𝐨𝐫. 𝐂𝐚𝐥𝐥: +𝟏 (𝟔𝟒𝟕) 𝟔𝟕𝟑-𝟑𝟓𝟏𝟔 𝐄𝐦𝐚𝐢𝐥: 𝐤𝐚𝐦𝐚𝐥@𝐭𝐡𝐞𝐜𝐚𝐧𝐚𝐝𝐢𝐚𝐧𝐡𝐨𝐦𝐞.𝐜𝐨𝐦 @kamalpillai_realtor . . #OntarioBudget #AutoInsuranceChanges #PremiumIncreases #AccessToCare #InsuranceReform #FraudPrevention #HealthcareProviders #FSRAConsultations #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉Ontario's 2024 budget allocates billions for education, with $1.4 billion for new schools, including French and English institutions in Ottawa and eastern Ontario. Notable projects include a French public elementary in Barrhaven and English public secondary schools in Ottawa. Additionally, plans for a new interchange on Highway 416 at Barnsdale Road aim to support growth in Barrhaven South. The initiative aligns with the 2022 agreement between the province and Ottawa to address population surges. The budget also emphasizes replacing bridges on Highway 417, focusing on enhancing infrastructure for safety and economic advancement.✅ . 𝐔𝐧𝐥𝐨𝐜𝐤 𝐲𝐨𝐮𝐫 𝐝𝐫𝐞𝐚𝐦 𝐡𝐨𝐦𝐞 𝐰𝐢𝐭𝐡 𝐌𝐚𝐧𝐨𝐣 𝐊𝐚𝐫𝐚𝐭𝐡𝐚, 𝐚𝐧 𝐚𝐰𝐚𝐫𝐝-𝐰𝐢𝐧𝐧𝐢𝐧𝐠 𝐑𝐞𝐚𝐥𝐭𝐨𝐫 𝐢𝐧 𝐎𝐧𝐭𝐚𝐫𝐢𝐨. 𝐂𝐚𝐥𝐥: +𝟏 (𝟔𝟒𝟕) 𝟐𝟐𝟔-𝟐𝟔𝟔𝟓 𝐄𝐦𝐚𝐢𝐥: 𝐦𝐚𝐧𝐨𝐣@𝐭𝐡𝐞𝐜𝐚𝐧𝐚𝐝𝐢𝐚𝐧𝐡𝐨𝐦𝐞.𝐜𝐨𝐦 @manojkaratha_realtor . . #OntarioBudget #EducationFunding #InfrastructureDevelopment #Highway416 #OttawaGrowth #SchoolInvestment #CommunityDevelopment #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉The upcoming budget in Ontario, set to be tabled by Premier Doug Ford's government, will focus on auto insurance changes aimed at providing drivers with more options to reduce premiums, according to insiders. Industry sources familiar with the plans reveal that the reforms will expand choices for Ontario drivers to lower their car insurance costs. While Finance Minister Peter Bethlenfalvy's spokesperson neither confirmed nor denied the specifics, stating the government's continuous efforts to enhance consumer choice and streamline processes, the budget is expected to highlight measures to empower consumers in selecting their coverage plans. This marks the government's second major attempt at auto insurance reforms since 2019, aiming to address concerns about Ontario's highest average car insurance premiums nationwide. Despite no specific targets for reducing premiums, the proposed changes align with the PC party's campaign promise to offer consumers more options when purchasing automobile insurance. However, sources indicate that the budget will not set a universal target for premium reduction but will instead focus on increasing "optionality" for customers, allowing them greater flexibility in choosing coverage plans.✅ . 𝐒𝐞𝐜𝐮𝐫𝐞 𝐲𝐨𝐮𝐫 𝐝𝐫𝐞𝐚𝐦 𝐡𝐨𝐦𝐞 𝐰𝐢𝐭𝐡 𝐍𝐞𝐞𝐧𝐚 𝐕𝐚𝐫𝐠𝐡𝐞𝐬𝐞, 𝐎𝐧𝐭𝐚𝐫𝐢𝐨'𝐬 𝐦𝐨𝐫𝐭𝐠𝐚𝐠𝐞 𝐞𝐱𝐩𝐞𝐫𝐭. 𝐂𝐚𝐥𝐥: +𝟏 (𝟒𝟑𝟕) 𝟗𝟖𝟐-𝟎𝟖𝟎𝟒 @neena.robin . . #OntarioBudget #AutoInsuranceReforms #DougFordGovernment #ConsumerChoice #PremiumReduction #InsuranceOptions #OntarioEconomy #PolicyChanges #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉Ontario's finance minister, Peter Bethlenfalvy, confirms the province's next budget, scheduled for March 26, will not include tax increases. Bethlenfalvy emphasizes the government's commitment to rebuilding the economy without additional tax burdens. Although details are scarce, he assures a focus on affordability for individuals and businesses. Recent projections indicate a $4.5 billion deficit for the fiscal year, significantly higher than earlier forecasts. The financial impact of the courts' ruling on the unconstitutional Bill 124 is also noted, leading to increased spending on public sector compensation. The path to budget balance remains uncertain amid these challenges.✅ . 𝐄𝐱𝐩𝐞𝐫𝐭 𝐌𝐨𝐫𝐭𝐠𝐚𝐠𝐞 𝐀𝐝𝐯𝐢𝐬𝐞- 𝐀𝐭 𝐚 𝐭𝐢𝐦𝐞 𝐚𝐧𝐝 𝐩𝐥𝐚𝐜𝐞 𝐜𝐨𝐧𝐯𝐞𝐧𝐢𝐞𝐧𝐭 𝐟𝐨𝐫 𝐲𝐨𝐮! 𝐉𝐨𝐦 𝐌𝐚𝐭𝐭𝐚𝐦 𝐌𝐨𝐛𝐢𝐥𝐞 𝐌𝐨𝐫𝐭𝐠𝐚𝐠𝐞 𝐀𝐝𝐯𝐢𝐬𝐨𝐫 +𝟏 𝟔𝟒𝟕 𝟗𝟐𝟎 𝟔𝟓𝟑𝟎 𝐣𝐨𝐦.𝐦𝐚𝐭𝐭𝐚𝐦@𝐜𝐢𝐛𝐜.𝐜𝐨𝐦 @jom_mattam . . #OntarioBudget #TaxPolicy #EconomicRecovery #AffordabilityFocus #FiscalUpdate #BudgetDeficit #Bill124 #mnm #malayalisnearmeapp #canadaupdate #canadanews