
Ontario Budget 2025: Tax Highlights
In response to economic headwinds (notably U.S. tariffs), Ontario’s 2025 Budget – A Plan to Protect Ontario – focuses on support and stability. While personal and corporate tax rates remain unchanged, the Budget proposes targeted credits and cash flow relief measures for families and businesses. In particular, businesses should closely monitor updates regarding provincial tax payment deferral and the enhancements to the Ontario Made Manufacturing Investment Tax Credit. Check out our Key Insights here.