was first tabled in late April, but before any debate or discussion could take place, the legislature was adjourned so that MPPs could campaign for the June election.pledges billions of dollars to build and revitalize infrastructure, as well as a number of affordability-themed promises, including a new personal income tax credit for seniors.
The 2022 budget outlined just over $25.1 billion over 10 years for expanding and creating highways, roads and bridges across Ontario. This includes the Bradford Bypass and the controversial Highway 413, which has yet to be given a precise price tag. The PCs have also said they would eliminate double fares when transferring to GO Transit, a pledge that will likely impact most local systems, with the exception of Toronto.The PCs have put more than $40 billion aside over the next 10 years for hospital infrastructure, something they say is $10- billion more than what was committed in 2021.Ontario’s opposition parties have called for a new budget to be drawn up that better addresses other health-care challenges, including staff shortages.
A surprise addition to the April budget was a personal income tax credit meant to offset the costs of some home care medical expenses for individuals over the age of 70.The credit will offer seniors a refund up to 25 per cent of eligible expenses up to $6,000 for a maximum credit of $1,500. The province said that about 1.1 million taxpayers will benefit from an additional $300 a year on average as a result of expanding the program.
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