Ontario increased its top marginal personal income tax rate by about 17 per cent.
Ontario electricity prices are rising much faster than inflation and worse than the national electricity costs trend.
Thirty-eight per cent of Ontario business owners expect to see their bottom lines shrink due to rising electricity prices.
What makes Ontario’s costly experiment in renewable electricity generation particularly disappointing is that these high costs have been largely a waste because they have not resulted in the environmental benefits hoped for by their architects.
Generation costs in Ontario have increased by 74 per cent in the last decade, and may grow to $13.8 billion by 2022.