#ontariobudget

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๐Ÿšจ 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 ๐Ÿ“‰๐Ÿ’ฐ #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

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8 months ago

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๐Ÿ‘‰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.โœ… . ๐๐š๐ฏ๐ข๐ ๐š๐ญ๐ž ๐ฒ๐จ๐ฎ๐ซ ๐ก๐จ๐ฆ๐ž ๐ฃ๐จ๐ฎ๐ซ๐ง๐ž๐ฒ ๐ž๐Ÿ๐Ÿ๐จ๐ซ๐ญ๐ฅ๐ž๐ฌ๐ฌ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก ๐Š๐š๐ฆ๐š๐ฅ, ๐ฒ๐จ๐ฎ๐ซ ๐๐ž๐๐ข๐œ๐š๐ญ๐ž๐ ๐†๐“๐€ ๐‘๐ž๐š๐ฅ๐ญ๐จ๐ซ. ๐‚๐š๐ฅ๐ฅ: +๐Ÿ (๐Ÿ”๐Ÿ’๐Ÿ•) ๐Ÿ”๐Ÿ•๐Ÿ‘-๐Ÿ‘๐Ÿ“๐Ÿ๐Ÿ” ๐„๐ฆ๐š๐ข๐ฅ: ๐ค๐š๐ฆ๐š๐ฅ@๐ญ๐ก๐ž๐œ๐š๐ง๐š๐๐ข๐š๐ง๐ก๐จ๐ฆ๐ž.๐œ๐จ๐ฆ @kamalpillai_realtor . . #OntarioBudget #AutoInsuranceChanges #PremiumIncreases #AccessToCare #InsuranceReform #FraudPrevention #HealthcareProviders #FSRAConsultations #mnm #malayalisnearmeapp #canadaupdate #canadanews

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8 months ago

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๐Ÿ‘‰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.โœ… . ๐”๐ง๐ฅ๐จ๐œ๐ค ๐ฒ๐จ๐ฎ๐ซ ๐๐ซ๐ž๐š๐ฆ ๐ก๐จ๐ฆ๐ž ๐ฐ๐ข๐ญ๐ก ๐Œ๐š๐ง๐จ๐ฃ ๐Š๐š๐ซ๐š๐ญ๐ก๐š, ๐š๐ง ๐š๐ฐ๐š๐ซ๐-๐ฐ๐ข๐ง๐ง๐ข๐ง๐  ๐‘๐ž๐š๐ฅ๐ญ๐จ๐ซ ๐ข๐ง ๐Ž๐ง๐ญ๐š๐ซ๐ข๐จ. ๐‚๐š๐ฅ๐ฅ: +๐Ÿ (๐Ÿ”๐Ÿ’๐Ÿ•) ๐Ÿ๐Ÿ๐Ÿ”-๐Ÿ๐Ÿ”๐Ÿ”๐Ÿ“ ๐„๐ฆ๐š๐ข๐ฅ: ๐ฆ๐š๐ง๐จ๐ฃ@๐ญ๐ก๐ž๐œ๐š๐ง๐š๐๐ข๐š๐ง๐ก๐จ๐ฆ๐ž.๐œ๐จ๐ฆ @manojkaratha_realtor . . #OntarioBudget #EducationFunding #InfrastructureDevelopment #Highway416 #OttawaGrowth #SchoolInvestment #CommunityDevelopment #mnm #malayalisnearmeapp #canadaupdate #canadanews

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8 months ago

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๐Ÿ‘‰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.โœ… . ๐’๐ž๐œ๐ฎ๐ซ๐ž ๐ฒ๐จ๐ฎ๐ซ ๐๐ซ๐ž๐š๐ฆ ๐ก๐จ๐ฆ๐ž ๐ฐ๐ข๐ญ๐ก ๐๐ž๐ž๐ง๐š ๐•๐š๐ซ๐ ๐ก๐ž๐ฌ๐ž, ๐Ž๐ง๐ญ๐š๐ซ๐ข๐จ'๐ฌ ๐ฆ๐จ๐ซ๐ญ๐ ๐š๐ ๐ž ๐ž๐ฑ๐ฉ๐ž๐ซ๐ญ. ๐‚๐š๐ฅ๐ฅ: +๐Ÿ (๐Ÿ’๐Ÿ‘๐Ÿ•) ๐Ÿ—๐Ÿ–๐Ÿ-๐ŸŽ๐Ÿ–๐ŸŽ๐Ÿ’ @neena.robin . . #OntarioBudget #AutoInsuranceReforms #DougFordGovernment #ConsumerChoice #PremiumReduction #InsuranceOptions #OntarioEconomy #PolicyChanges #mnm #malayalisnearmeapp #canadaupdate #canadanews

101 Views

8 months ago

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๐Ÿ‘‰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.โœ… . ๐„๐ฑ๐ฉ๐ž๐ซ๐ญ ๐Œ๐จ๐ซ๐ญ๐ ๐š๐ ๐ž ๐€๐๐ฏ๐ข๐ฌ๐ž- ๐€๐ญ ๐š ๐ญ๐ข๐ฆ๐ž ๐š๐ง๐ ๐ฉ๐ฅ๐š๐œ๐ž ๐œ๐จ๐ง๐ฏ๐ž๐ง๐ข๐ž๐ง๐ญ ๐Ÿ๐จ๐ซ ๐ฒ๐จ๐ฎ! ๐‰๐จ๐ฆ ๐Œ๐š๐ญ๐ญ๐š๐ฆ ๐Œ๐จ๐›๐ข๐ฅ๐ž ๐Œ๐จ๐ซ๐ญ๐ ๐š๐ ๐ž ๐€๐๐ฏ๐ข๐ฌ๐จ๐ซ +๐Ÿ ๐Ÿ”๐Ÿ’๐Ÿ• ๐Ÿ—๐Ÿ๐ŸŽ ๐Ÿ”๐Ÿ“๐Ÿ‘๐ŸŽ ๐ฃ๐จ๐ฆ.๐ฆ๐š๐ญ๐ญ๐š๐ฆ@๐œ๐ข๐›๐œ.๐œ๐จ๐ฆ @jom_mattam . . #OntarioBudget #TaxPolicy #EconomicRecovery #AffordabilityFocus #FiscalUpdate #BudgetDeficit #Bill124 #mnm #malayalisnearmeapp #canadaupdate #canadanews

115 Views

9 months ago

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