2024 Ontario Budget | Building a Better Ontario

<!doctype html> <html class="no-js" lang="en" dir="ltr"> <head> <meta charset="utf-8"> <meta http-equiv="x-ua-compatible" content="ie=edge"> <meta name="viewport" content="width=device-width, initial-scale=1.0"> <meta name="description" content="2024 Ontario Budget: Building a Better Ontario"> <title>2024 Ontario Budget | Building a Better Ontario</title> <link rel="icon" href="/img/favicon.ico" type="image/x-icon"> <link rel="shortcut icon" href="/img/favicon.ico" type="image/x-icon"> <link rel="stylesheet" media="screen" href="/css/styles24.css"> <link rel="stylesheet" media="screen" href="/css/custom-brief.css"> <link rel="stylesheet" media="print" href="/css/print.css">  <script async src="https://www.googletagmanager.com/gtag/js?id=UA-21003310-8"></script>  <script>(function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({'gtm.start': new Date().getTime(),event:'gtm.js'});var f=d.getElementsByTagName(s)[0], j=d.createElement(s),dl=l!='dataLayer'?'&l='+l:'';j.async=true;j.src= 'https://www.googletagmanager.com/gtm.js?id='+i+dl;f.parentNode.insertBefore(j,f); })(window,document,'script','dataLayer','GTM-MNPBK2B');</script>  <script> window.dataLayer = window.dataLayer || []; function gtag(){dataLayer.push(arguments);} gtag('js', new Date()); gtag('config', 'UA-21003310-8'); </script> <link class="hreflang" rel="alternate" hreflang="en" href="http://budget.ontario.ca/2024/index.html"> <link class="hreflang-alt" rel="alternate" hreflang="fr" href="http://budget.ontario.ca/fr/2024/index.html"> </head> <body> <header> <div class="row">  <div class="small-6 columns"> <a href="https://ontario.ca/page/government-ontario"> <span class="logo-ontario" aria-hidden="true"></span> <span class="visually-hidden"> Government of Ontario home page </span> </a> </div> <div class="small-6 columns">  <a href="/fr/2024/index.html" class="show-for-medium-down header-link right small" lang="fr" hreflang="fr" rel="alternate"> <abbr title="français">FR</abbr> </a>  <a href="/fr/2024/index.html" class="show-for-large-up header-link right small" lang="fr" hreflang="fr" rel="alternate"> Français </a> </div> </div> </header> <main>  <div class="marketing-banner bud24-img-container hide-for-medium-down" ><span class="show-for-sr">2024 Ontario Budget</span></div>  <div class="row intro"> <div class="row flex-container bottom-margin"> <div class="columns small-12 medium-12 large-12 no-padding-right"> <h1><cite>2024 Ontario Budget: Building a Better Ontario</cite></h1> <p>The <cite>2024 Budget</cite> demonstrates how the government is continuing to deliver on its Plan to Build by investing in infrastructure to get more homes built faster, attracting better jobs with bigger paycheques, keeping costs down for families and businesses and retaining a path to balance.</p> <div> </div> </div> <div class="columns small-12 medium-12 large-12 text-left no-top-margin"> <p><a class="button bottom-margin" href="/2024/contents.html" analytics-label="book||#book">Read the<br> <cite>2024 Ontario Budget</cite></a> <a class="button bottom-margin" href="/2024/highlights.html" analytics-label="Highlights||#highlights">Read Highlights of the<br> <cite>2024 Ontario Budget: Building a Better Ontario</cite></a> <a class="button bottom-margin bud24-dark-blue" href="https://news.ontario.ca/en/release/1004355/building-a-better-ontario" analytics-label="Newsrelease||#newsrelease">Read the<br> News Release</a> </p> </div> </div> </div> <div class="row"> <div class="main-content small-12 columns no-padding"> <div id="pagebody">   <div class="row customTocContainer top-margin"> <div class="medium-4 columns text-center hide-for-small hide-for-print"> <a class="bud24-h4" href="#building" analytics-label="Building||#building"><figure class="circle-blue"><img src="/img/2024/1-building-ontario.png" alt="Photo of a construction worker outside."></figure></a> <div><a class="bud24-h4" href="#building" analytics-label="Building||#building">Building Ontario</a></div> </div> <div class="medium-4 columns text-center hide-for-small hide-for-print"> <a class="bud24-h4" href="#working" analytics-label="Working||#working"><figure class="circle-blue"><img src="/img/2024/2-working-for-you.png" alt="Photo of a medical professional with a toddler at a check-up."></figure></a> <div><a class="bud24-h4" href="#working" analytics-label="Working||#working">Working for You</a></div> </div> <div class="medium-4 columns text-center hide-for-small hide-for-print"> <a class="bud24-h4" href="#fiscal" analytics-label="Fiscal||#fiscal"><figure class="circle-blue"><img src="/img/2024/3-economic-and-fiscal-overview.png" alt="Photo of two workers at their business."></figure></a> <div><a class="bud24-h4" href="#fiscal" analytics-label="Fiscal||#fiscal">Economic and Fiscal Overview</a></div> </div>   <div class="hide-for-medium-up hide-for-print"> <ul> <li><a href="#economy" analytics-label="Economy||#economy">Building Ontario</a></li> <li><a href="#working" analytics-label="Working||#working">Working for You</a></li> <li><a href="#fiscal" analytics-label="Fiscal||#fiscal">Economic and Fiscal Overview</a></li> </ul> </div>  </div>   <div class="top-margin-double top-padding-double top-border bottom-margin-double" id="building"> <div class="flex-container no-padding-between-columns bud24-g1 text-left bottom-margin"> <div class="columns small-12 medium-12 no-margin no-padding text-center" > <h2 class="white-text">Building Ontario</h2> </div> </div> <div class="row flex-container"> <div class="columns small-12 medium-8 large-8 no-padding-right"> <p>The government is investing in new roads and highways, while supporting the largest transit expansion in North America. It is continuing to rebuild Ontario’s economy by attracting domestic and international manufacturing investments, expanding the province’s electricity capacity, supporting innovation and helping small businesses thrive. </p> <p><a href="/2024/chapter-1a.html#section-0" class="button" analytics-label="Ch1a||#ch1a">Learn more about <cite>Rebuilding Ontario’s Economy</cite></a></p> <p><a href="/2024/chapter-1a.html#section-1" class="button" analytics-label="Ch1a-Economy||#ch1a-economy">Learn more about <cite>Building Infrastructure,<br> Highways and Transit in Your Communities</cite></a></p> </div> <div class="columns small-12 medium-4 text-left show-for-medium-up hide-for-print"> <div class="flex-container no-top-margin" > <figure><img src="/img/2024/1-pillar.png" alt="Photo of new homes under construction in a residential community. "></figure> </div> </div>  <div class="columns small-12 medium-4 text-left show-for-small hide-for-print"> <div class="flex-container no-top-margin" > <img src="/img/2024/1-pillar.png" alt=""> </div> </div>  </div>  <div class="top-border top-padding-double" id="working"> <div class="flex-container no-padding-between-columns bud24-g2 text-left bottom-margin"> <div class="columns small-12 medium-12 no-margin no-padding text-center"> <h2 class="white-text">Working for You</h2> </div> </div> <div class="row flex-container"> <div class="columns small-12 medium-8 large-8 no-padding-right"> <p>As Ontario continues its plan to rebuild the economy, the province remains committed to investing in workers and key public services, without raising taxes or fees. From housing to postsecondary education to transportation, the government is helping keep costs down for essentials for Ontario families while making the province a more affordable and competitive place to live and work.</p> <p><a href="/2024/chapter-1b.html#section-0" class="button" analytics-label="Ch1b||#ch1b">Learn more about Working for Workers</a></p> <p><a href="/2024/chapter-1b.html#section-1" class="button" analytics-label="Ch1b||#ch1b">Learn more about Keeping Costs Down</a></p> <p><a href="/2024/chapter-1b.html#section-2" class="button" analytics-label="Ch1b||#ch1b">Learn more about Better Services for You</a></p> </div> <div class="columns small-12 medium-4 text-left show-for-medium-up hide-for-print"> <div class="flex-container no-top-margin"> <figure><img src="/img/2024/2-pillar.png" alt="Photo of a parent and their children outside of their car."></figure> </div> </div>  <div class="columns small-12 medium-4 text-left show-for-small hide-for-print"> <div class="flex-container no-top-margin"> <figure><img src="/img/2024/2-pillar.png" alt=""></figure> </div> </div>  </div> </div>  <div class="top-padding-double top-border" id="fiscal"> <div class="flex-container no-padding-between-columns bud24-g5 text-left bottom-margin"> <div class="columns small-12 medium-12 no-margin no-padding text-center"> <h2 class="white-text">Economic and Fiscal Overview</h2> </div> </div> <div class="row flex-container bottom-margin"> <div class="columns small-12 medium-8 large-8 no-padding-right"> <p>Like the rest of the world, Ontario continues to face economic challenges and uncertainty. Nevertheless, Ontario’s economy has demonstrated continued resiliency in the face of ongoing economic pressures. By taking a responsible approach to fiscal management without raising taxes on families or offloading costs on municipalities, the government is making progress on its plan to rebuild Ontario’s economy. </p> <p><a href="/2024/eco-fiscal.html" class="button" analytics-label="BKef||#bkef">Backgrounder: <cite>Economic and Fiscal Overview</cite></a></p> </div> <div class="columns small-12 medium-4 text-left hide-for-print"> <div class="flex-container no-top-margin"> <figure><img src="/img/2024/3-pillar.png" alt="Photo of a family of five outside their home. "></figure> </div> </div> </div>  <div class="row bottom-margin-double"> <div class="small-12 columns" id="mnr"> <aside> <h2>Read the news release</h2> <ol class="cols columns-3"> <li><a href="https://news.ontario.ca/en/release/1004355/building-a-better-ontario">English</a></li> <li><a href="https://news.ontario.ca/fr/release/1004355/batir-un-ontario-meilleur"><span lang="fr">Français</span> [French]</a></li> <li><a href="/pdf/2024/doc24-nr-arabic.pdf" onclick="ga('send', 'event', 'PDF', 'Download');"><span dir="rtl" lang="ar">اللغةالعربية</span> [Arabic <abbr title="portable document format">PDF</abbr>]</a></li> <li><a href="/pdf/2024/doc24-nr-chinese-simplified.pdf" onclick="ga('send', 'event', 'PDF', 'Download');"><span dir="rtl" lang="zh-Hans">简体中文</span> [Chinese (simplified) <abbr title="portable document format">PDF</abbr>]</a></li> <li><a href="/pdf/2024/doc24-nr-chinese-traditional.pdf" onclick="ga('send', 'event', 'PDF', 'Download');"><span dir="rtl" lang="zh-Hant">中文</span> [Chinese (traditional) <abbr title="portable document format">PDF</abbr>]</a></li> <li><a href="/pdf/2024/doc24-nr-farsi.pdf" onclick="ga('send', 'event', 'PDF', 'Download');"><span dir="rtl" lang="fa">فارسی</span> [Farsi <abbr title="portable document format">PDF</abbr>]</a></li> <li><a href="/pdf/2024/doc24-nr-gujarati.pdf" onclick="ga('send', 'event', 'PDF', 'Download');"><span lang="gu">ગુજરાતી</span> [Gujarati <abbr title="portable document format">PDF</abbr>]</a></li> <li><a href="/pdf/2024/doc24-nr-hindi.pdf" onclick="ga('send', 'event', 'PDF', 'Download');"><span lang="hi">हिंदी</span> [Hindi <abbr title="portable document format">PDF</abbr>]</a></li> <li><a href="/pdf/2024/doc24-nr-italian.pdf" onclick="ga('send', 'event', 'PDF', 'Download');"><span lang="it">Italiano</span> [Italian <abbr title="portable document format">PDF</abbr>]</a></li> <li><a href="/pdf/2024/doc24-nr-japanese.pdf" onclick="ga('send', 'event', 'PDF', 'Download');"><span lang="ja">日本語</span> [Japanese <abbr title="portable document format">PDF</abbr>]</a></li> <li><a href="/pdf/2024/doc24-nr-korean.pdf" onclick="ga('send', 'event', 'PDF', 'Download');"><span lang="ko">한국어</span> [Korean <abbr title="portable document format">PDF</abbr>]</a></li> <li><a href="/pdf/2024/doc24-nr-portuguese.pdf" onclick="ga('send', 'event', 'PDF', 'Download');"><span lang="po">Português</span> [Portuguese <abbr title="portable document format">PDF</abbr>]</a></li> <li><a href="/pdf/2024/doc24-nr-punjabi.pdf" onclick="ga('send', 'event', 'PDF', 'Download');"><span lang="pa" dir="rtl">ਪੰਜਾਬੀ</span> [Punjabi <abbr title="portable document format">PDF</abbr>]</a></li> <li><a href="/pdf/2024/doc24-nr-russian.pdf" onclick="ga('send', 'event', 'PDF', 'Download');">русский [Russian <abbr title="portable document format">PDF</abbr>]</a></li> <li><a href="/pdf/2024/doc24-nr-spanish.pdf" onclick="ga('send', 'event', 'PDF', 'Download');"><span lang="es">Español</span> [Spanish <abbr title="portable document format">PDF</abbr>]</a></li> <li><a href="/pdf/2024/doc24-nr-tagalog.pdf" onclick="ga('send', 'event', 'PDF', 'Download');"><span lang="tl">Tagalog</span> [Tagalog <abbr title="portable document format">PDF</abbr>]</a></li> <li><a href="/pdf/2024/doc24-nr-tamil.pdf" onclick="ga('send', 'event', 'PDF', 'Download');"><span lang="ta">தமிழ்</span> [Tamil <abbr title="portable document format">PDF</abbr>] </a></li> <li><a href="/pdf/2024/doc24-nr-ukrainian.pdf" onclick="ga('send', 'event', 'PDF', 'Download');"><span lang="uk">Українська</span> [Ukrainian <abbr title="portable document format">PDF</abbr>] </a></li> <li><a href="/pdf/2024/doc24-nr-urdu.pdf" onclick="ga('send', 'event', 'PDF', 'Download');"><span dir="rtl" lang="ur">اردو</span> [Urdu <abbr title="portable document format">PDF</abbr>] </a></li> <li><a href="/pdf/2024/doc24-nr-vietnamese.pdf" onclick="ga('send', 'event', 'PDF', 'Download');"><span lang="vi">Tiếng Việt</span> [Vietnamese <abbr title="portable document format">PDF</abbr>] </a></li> </ol> </aside> </div> </div> </div>   <div class="row"> <div class="small-12 columns"> <aside> <h2>Learn more</h2> <ol class="cols columns-3"> <li><a href="/2024/contents.html">Read the <cite>2024 Budget: Building a Better Ontario </cite></a> </li> <li><a href="/2024/highlights.html">Read Highlights of the <cite>2024 Budget</cite>: <cite>Building a Better Ontario</cite></a></li> <li><a href="/2024/eco-fiscal.html">Read the Backgrounder: Economic and Fiscal Overview</a></li> <li><a href="https://www.ontario.ca/page/ontario-budget-past-editions">Read past editions of the Ontario Budget</a></li> <li><a href="/2023/fallstatement/index.html">Read the <cite>2023 Ontario Economic Outlook and Fiscal Review: Building a Strong Ontario Together</cite></a></li> </ol> </aside> </div> </div>  </div> </div> </div>  <div class="clearfix" language="en" text="Updated"> <small class="right"> <span class="" style=""> Updated: March 26, 2024 </span> </small> </div> <div class="clearfix" language="en" text="Published"> <small class="right"> <span class="" style=""> Published: March 26, 2024 </span> </small> </div> </div> <scroll-to-bottom></scroll-to-bottom> <div class="row action-bar"> <div class="small-12 columns"> <hr> <a id="back-to-top" href="#" class="back-to-top iconBacktotop" data-toggle="tooltip" data-placement="left" analytics-on="" analytics-category="Footer" analytics-event="Finance" analytics-label="Back to top"> <span class="iconRoundCorners"> <span class="icon-upArrow" aria-hidden="true"></span> <span class="show-for-sr">Back to top</span> </span> </a> </div> </div> </main> <footer class="light-grey-bg bottom-padding"> <div class="row"> <div class="small-12 columns"> <h3 class="top-margin">Ministry of Finance</h3> <p><a href="https://ontario.ca/Budget">Ontario Budget</a></p> <h3>Social Media</h3> <ul class="no-bullet inline-list top-margin-double"> <li><a href="https://twitter.com/ONfinance" analytics-label="Twitter||#twitter"><span class="twitter"></span><span class="show-for-sr">Twitter:</span> @ONfinance</a></li> <li><a href="https://www.facebook.com/FinanceON" analytics-label="Facebook||#facebook"><span class="facebook"> </span><span class="show-for-sr">Facebook:</span> FinanceON</a></li> <li><a href="https://www.linkedin.com/company/ontario-ministry-of-finance" analytics-label="Linkedin||#linkedin"><span class="linkedin"> </span><span class="show-for-sr"> LinkedIn:</span> LinkedIn</a></li> <li><a href="https://www.instagram.com/ontariofinance/" analytics-label="Instagram||#instagram"><span class="instagram"> </span><span class="show-for-sr">Instagram:</span> @ontariofinance</a></li> <li><a href="https://www.youtube.com/user/ONgov"><span class="youtube" analytics-label="Youtube||#youtube"> </span><span class="show-for-sr">Youtube:</span> ONgov</a></li> </ul> <h3 class="visually-hidden">Legal notices</h3> <ul class="inline-list top-margin-double"> <li> <a href="https://ontario.ca/page/about-ontario" target="_blank" class="no-wrap"> About Ontario <img src="/img/new-tab.png" alt="opens new window" /> </a> </li> <li> <a href="https://www.ontario.ca/feedback/contact-us?id=24862&nid=99524" target="_blank" class="no-wrap"> Contact us <img src="/img/new-tab.png" alt="opens new window" /> </a> </li> <li> <a href="https://ontario.ca/page/accessibility" target="_blank"> Accessibility <img src="/img/new-tab.png" alt="opens new window" /> </a> </li> <li> <a href="https://news.ontario.ca/newsroom/en" target="_blank"> News <img src="/img/new-tab.png" alt="opens new window" /> </a> </li> <li> <a href="https://ontario.ca/page/privacy-statement" target="_blank"> Privacy <img src="/img/new-tab.png" alt="opens new window" /> </a> </li> <li> <a href="https://ontario.ca/page/terms-use" target="_blank"> Terms of Use <img src="/img/new-tab.png" alt="opens new window" /> </a> </li> </ul> <p> <small> <a href="https://ontario.ca/page/copyright-information-c-queens-printer-ontario" target="_blank"> © King's Printer for Ontario, 2022-24 <img src="/img/new-tab.png" alt="opens new window" /> </a> </small> </p> </div> </div> </footer> <script src="/js/vendor/jquery.js"></script> <script src="/js/vendor/what-input.js"></script> <script src="/js/vendor/foundation.js"></script> <script src="/js/app.js"></script> </body> </html>

CINXE.COM

2024 Ontario Budget | Building a Better Ontario