A Plan for the People of Northern Ontario

Published on November 16, 2018
A Plan for the People of Northern Ontario
Ontario’s Government of the People supports prosperity in Northern Ontario
 
Friday, November 16, 2018
 
Kenora-Rainy River, Ont. – Yesterday Ontario’s Government for the People released their first Fall Economic Statement. Ontario’s A Plan for the People restates Ontario’s strong commitment to the north and promoting economic prosperity and job creation in all corners of the province.
 
The fall statement introduced one of the most generous tax cuts for low-income workers in a generation – the Low-Income Individuals and Families Tax Credit (LIFT). Those who earn $30,000 or less will pay zero personal income tax on their 2019 tax returns. It represents up to $850 per person and up to $1,700 per couple in savings.
 
“This is another promise made, promise kept by our Government,” said MPP Greg Rickford. “This tax cut will leave more money in the pockets of families and taxpayers.”
 
The government also made commitments to cut red tape for important infrastructure projects including improvements the Trans-Canada Highway. Improving the Trans-Canada Highway will help increase the capacity of the highway and improve its safety and reliability.
 
“Safe travel is a priority here in northwestern Ontario and we are making sure that northern communities have the reliable infrastructure they need,” said MPP Greg Rickford. “Improving infrastructure and reducing red tape in Northern Ontario is a priority for our government, especially as it contributes to the economic development.”
 
A review of the Far North Act will also be undertaken to encourage economic growth and ensure land use planning aligns with local, Indigenous, and provincial priorities. Regional transportation needs are also under review, including passenger rail and bus services.
 
The government is moving forward with resource revenue sharing between Northern communities and mining, forestry and aggregates companies. The North will experience a direct benefit from these resource development projects, in addition to employment benefits, to help fund needed community services and improvements.
 
The government has already taken action to cancel the cap-and-trade carbon tax, saving the average family $260 per year on gas, home heating and other costs, and the government has reassured Ontarians that they will continue to fight federally imposed carbon tax.
 
Additionally, the government will be working with private gas distributors to expand natural gas service to more Northern communities, as well as to develop a strategy to improve broadband service in our communities and ensure businesses can fully participate in the digital economy.
 
 Ontario is projecting a 2018-19 deficit of $14.5 billion, already $0.5 billion less than the $15 billion deficit inherited from the previous government. The government is aggressively pursuing every opportunity to find new efficiencies and savings. The Province has saved $3.2 billion by reducing spending, while not reducing front-line services. The government is bringing important tax relief to individuals, families and businesses, keeping almost $2.7 billion in the pockets of Ontarians.