Ok, so I just got through skimming the provincial budget.
It is filled w/oodles of blather, though there is some content hiding in plain sight.
Notable Items:
Deficit this year of 6.7B
Reducing to 6.6B in fiscal 2019-2020
and to 6.5 B in 2020-2021
Deficits continue at reduced rates through 2023-2024
Before returning to balance in 2024-2025
About 32B in added debt before returning to balance.
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Most large social program items were pre-announced.
Some new ones.
Up to $400 per year towards dental costs for persons w/no benefit plan, done on a reimbursement basis.
*editorial note, this sounds convoluted, I would have preferred either specific set of services for everyone, OR a services for a specific group (for instance extend OHIP plus to cover dental for youth, then seniors)
Also new a variety of changes to ODSP/OW
Most don't mean substantive rate hikes.
However, there will be an increase in the penalty-free work allowance (before benefits reductions begin) to $400 month (from $200); subsequently this will move to an annual income figure of $6,000 ($500 per month, but only reviewed once per year).
Asset limits will rise sharply, on top of which they will now exclude RRSP and TFSAs
*editorial note, I think this is positive in reducing 'poverty trap' syndrome and reducing the problem of forcing people to destitution level poverty before receiving help. However, anemic rates must also be addressed.
The Big Surprise:
Substantial reductions in GO and cross-regional transit fares in the GTA.
All GO Fares under 10km to be capped at $3
All GO Fares entirely within the City of Toronto capped at $3
All cross-regional fares (between TTC/MiWay/DRT/YRT etc. to have the $1.50 discount
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All the budget details can be found at this link.
http://budget.ontario.ca/2018/chapter-1.html
Note the directional arrows at the top of the page allowing you to access the other chapters.