• Fall economic statement includes a new tax credit for low-income workers and an end to subsidies for political parties • Government has achieved savings of $3.2 billion since taking office
Taxpayers Federation praises fall economic statement for focus on taxpayers, but wants timeline for deficit elimination
TORONTO, ON: The Canadian Taxpayers Federation (CTF) is praising the Ontario Fall Economic Statement for focusing on respect for taxpayers, but remains concerned about the province’s large deficit.
“There is a lot of great news for taxpayers in today’s baby budget,” said CTF Ontario Director, Christine Van Geyn. “Low-income workers across Ontario will benefit from the tax cut announced today, which will save individual workers up to $850 per year. Letting the 1.1 million low-income workers in Ontario keep the income they earn is the right thing to do.”