The Magazine · Tagged
ontario
Non-Resident Speculation Tax Increasing March 30, 2022
As part of its commitment to tackle Ontario’s housing crisis by prioritizing Ontario families and homebuyers, the government is increasing the Non-Resident Speculation Tax rate to 20 per cent, closing loopholes to fight tax avoidance and expanding the tax to apply provincewide effective March 30, 2022.
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Reopening Ontario after COVID-19
Ontario is planning for the next phase of responding to the coronavirus (COVID‑19) outbreak – reopening our province. As a first step, we have developed a framework to guide our approach. This framework outlines the method and principles we will use to reopen businesses, services, and public spaces to responsibly lead Ontario’s economy back to a strong position. The Ontario Jobs and Recovery Committee is a key part of applying this framework. The committee will consult with people and businesses to assess the economic impacts of COVID‑19, learn about their unique needs, and help guide Ontario to our “new normal.”
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