Friday, March 27, 2009

Ontario Budget

2009-03-27

06:54:06

Ontario unveiled its a recession-fighting budget Thursday. The highlight is a move to a single sales tax, one-thousand dollar payments to most households and cuts to income and corporate taxes.

Finance Minister Dwight Duncan says Ontario is in the middle of a global financial storm. The budget includes a deficit that will will hit almost 57-billion dollars by 2015.