: 2012 Ontario Budget: Contents

Contents

Foreword

Chapter I: Transforming Public Services

Highlights
Introduction
Knowledge and Skills
Transforming Health Care
Jobs and Prosperity
Infrastructure Supporting Jobs and Growth
Northern Ontario and the Ring of Fire
Strong Children’s and Social Services
Electricity Sector
Supporting Municipalities
Financial Services and Capital Markets
Other Actions Across Government to Balance the Budget

Chapter II: Ontario’s Economic Outlook and Fiscal Plan

Highlights

Section A: Overview

Section B: 2011–12 Interim Fiscal Performance

In-Year Revenue Performance
In-Year Expense Performance

Section C: Ontario’s Economic Outlook

Overview
Recent Economic Developments
The New Economic Reality
Global Economic Uncertainty
Outlook for Ontario Economic Growth
Long-Term Challenges for Ontario
Change in the Economic Outlook
Details of the Ontario Economic Outlook

Section D: Ontario’s Revenue Outlook

Risks to the Revenue Outlook

Section E: Ontario’s Fiscal Plan

Medium-Term Fiscal Outlook
Plan to Balance the Budget

Section F: Accountability, Transparency and Financial Management

Accountability
Transparency
Financial Management

Section G: Details of Ontario’s Finances

Fiscal Tables and Charts

Chapter III: Federal–Provincial Relations

Highlights
Introduction
Working Together to Save Taxpayers’ Money
Building the Economy — Supporting Jobs for Ontario Families
Fiscal Arrangements

Chapter IV: Tax and Pension Systems

Highlights

Section A: Tax

Introduction
Corporate Income Tax
Business Education Tax
Mining Sector Review
Greater Transparency and Accountability in Tax Expenditures
Ontario Trillium Benefit
Healthy Homes Renovation Tax Credit
Enhancing Revenue Integrity
Tobacco Enforcement
Other Federal–Provincial–Territorial Tax Issues
Other Administrative Measures
Summary of Measures
Other Measures and Technical Amendments

Section B: Pension Systems

Introduction
Public-Sector Defined Benefit Pension Plans
Strengthening Canada’s Retirement Income System
Ongoing Pension Reform

Chapter V: Borrowing and Debt Management

Highlights
Long-Term Public Borrowing
Debt
Residual Stranded Debt Update
Total Debt Composition
Debt-to-GDP Ratios
Cost of Debt
Risk Exposure
Consolidated Financial Tables

 

List of Tables

Chapter I: Transforming Public Services

Chapter II: Ontario’s Economic Outlook and Fiscal Plan

Chapter IV: Tax and Pension Systems

Chapter V: Borrowing and Debt Management

 

List of Charts

Chapter I: Transforming Public Services

Chapter II: Ontario’s Economic Outlook and Fiscal Plan

Chapter III: Federal–Provincial Relations

Chapter IV: Tax and Pension Systems

Chapter V: Borrowing and Debt Management