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Learn moreCanada: Direct and indirect tax measures in 2024 Fall Economic Update (Ontario)
The update does not include any changes to the corporate or individual (personal) tax rates.
Ontario's Finance Minister on October 30, 2024, delivered the province’s 2024 Fall Economic Update, which includes direct and indirect measures related to:
- Individual (personal) tax
- Taxpayer rebate
- Alternative minimum tax
- Fertility treatment tax credit
- Business tax
- Beneficial ownership registry
- Target benefit pension plans and variable life benefit plans
- Indirect tax
- Extension of gasoline and fuel tax rate cuts
- Other tax
- Electricity distribution
- Tax review
- Technical and other amendments
Read an October 2024 report prepared by the KPMG member firm in Canada
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