Ontario Liberals propose $2.8B tax cuts for middle-class families ahead of 2026 election.

The Ontario Liberal Party, led by Steven Del Duca, has proposed tax cuts aimed at middle-class families if they win the 2026 election. The plan includes lowering income tax rates for those earning between $51,446 and $75,000, potentially saving families around $950 per year. They also plan to eliminate provincial sales tax on hydro bills, saving households about $200 annually. The total cost is estimated at $2.8 billion, with plans to fund it by reviewing deals made by the current government.

November 12, 2024
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