It’s 2018! Here’s what is brand new!
Minimum wage went up from $11.60 per hour to $14 per hour. Special minimum wage rates will remain but will increase by the same percentage for: liquor servers, students under 18, hunting and fishing guides as well as homeworkers .
10 days of personal emergency leave to all staff in provincially regulated industries, with two days paid, for all who have been with an employer at least one full week — with a notable exception of seven days leave for automotive sector companies. The one week employment requirement is in place to prevent people hired for a few days from calling in sick and getting paid.
People with five years at an employer get three weeks’ vacation, up from two;
Pharmacare plan — the first of its kind in Canada — called OHIP+ covering 4 million children, teens and young adults under 25. They will get free access to 4,400 medications simply by presenting a health card and a valid prescription at any pharmacy.
22.5% cut in the corporate income tax rate, from 4.5 per cent to 3.5, for small businesses to offset the higher minimum wage;
The cost of borrowing for payday loans is capped at $15 per $100 borrowed, down from $18;
Municipalities will be able to restrict areas where payday loan shops can operate and limit the number.
Ontario links with Quebec and California in the largest carbon market in North America in an effort to reduce greenhouse gas emissions.