Ontario Bill 144—providing certain tax changes from the province's 2015 budget—received first reading on 18 November 2015. Ontario has a majority government.
This is the second bill enacting changes in the province’s 2015 budget. Among the changes, Bill 144:
Some budget changes have not been addressed, including a provision on the calculation of the Ontario film and television tax credit to exclude government equity investments as assistance and a measure allowing the use of accrued but unused Ontario resource tax credits to be carried forward and applied against Ontario income taxes payable.
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