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Ontario's Bold Move to Create Jobs and Growth: Impact of the 2009 Ontario Budget and Other Recent Tax Measures on Investment, Jobs, and Income

Author

Listed:
  • Jack Mintz

    (School of Public Policy, University of Calgary)

Abstract

The 2009 Ontario Budget measures, together with other recent tax changes, will have a profound impact on Ontario’s competitiveness by lowering the tax burden on new business investment. Within ten years, Ontario will benefit from: – increased capital investment of $47 billion; – increased annual incomes of up to 8.8%, or $29.4 billion; and – an estimated 591,000 net new jobs.

Suggested Citation

  • Jack Mintz, 2009. "Ontario's Bold Move to Create Jobs and Growth: Impact of the 2009 Ontario Budget and Other Recent Tax Measures on Investment, Jobs, and Income," SPP Communique, The School of Public Policy, University of Calgary, vol. 1(4), November.
    • Handle: RePEc:clh:commun:v:1:y:2009:i:4
    as

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    File URL: http://www.policyschool.ca/wp-content/uploads/2016/03/mintz-online-nov-09.pdf
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    References listed on IDEAS

    as
    1. Robin Boadway & Neil Bruce & Jack Mintz, 1984. "Taxation, Inflation, and the Effective Marginal Tax Rate on Capital in Canada," Canadian Journal of Economics, Canadian Economics Association, vol. 17(1), pages 62-79, February.
    2. Kevin A. Hassett & Aparna Mathur, 2006. "Taxes and Wages," AEI Economics Working Papers 49824, American Enterprise Institute.
    3. Mintz, Jack & Smart, Michael, 2004. "Income shifting, investment, and tax competition: theory and evidence from provincial taxation in Canada," Journal of Public Economics, Elsevier, vol. 88(6), pages 1149-1168, June.
    Full references (including those not matched with items on IDEAS)

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