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It would raise their "bottom line, while forcing Ontario's minority Liberal government to find the difference ahead of a budget that [had] the potential of triggering a provincial election." [16] In 2013–2014, Ontario's per capita payments were the lowest at $230.20. [7] As of 2019–2020 Ontario stopped receiving equalization payments. [16]
Most buffer stock schemes work along the same rough lines: first, two prices are determined, a floor and a ceiling (minimum and maximum price). When the price drops close to the floor price (after a new rich vein of silver is found, for example), the scheme operator (usually government) will start buying up the stock, ensuring that the price ...
Ontario cancelled their cap and trade system in 2018. The outlines of a new climate plan for Ontario, which did not include any carbon pricing system, was unveiled in November 2018. [44] Manitoba, Ontario, Saskatchewan, and New Brunswick refused to impose their own emissions pricing so the federal pricing came into effect on April 1.
The moves come on the heels of the Bank of Canada's second half-point interest rate cut in 10 days, as authorities seek to stave off a potential recession amid the coronavirus outbreak.
The Ontario government responded by approving a Nuclear Asset Optimization Plan proposed by Ontario Hydro. The plan had three major objectives: 1) the closure of the seven oldest of the utility's 19 operational nuclear reactors for rehabilitation; 2) the redeployment of staff; and 3) the spending of between $5 and $8 billion to implement the ...
Canada's last housing busts happened during the early 1990s recession, when Canada was facing low commodity prices, [20] a large national debt and deficit that was weakening the value of the Canadian dollar, the possibility of Quebec independence, and a recession in Canada's main trading partner, the United States.
Smart Systems for Health / eHealth Ontario: Electronic health record: Ontario, Canada: Provincial government eHealth Ontario is a group of projects that replaced a previous failed project, Smart Systems for Health, which "spent $650 million but failed to produce anything of lasting value." However, in 2009 the CEO of the eHealth Ontario agency ...
The GST applies nationally. The HST includes the provincial portion of the sales tax but is administered by the Canada Revenue Agency (CRA) and is applied under the same legislation as the GST. The HST is in effect in Ontario, New Brunswick, Newfoundland and Labrador, Nova Scotia and Prince Edward Island.