2020 Ontario Budget

Nov. 10, 2020

On November 5, Finance Minister Rod Phillips released Ontario's Action Plan: Protect, Support, Recover.

Highlights of Ontario's Action Plan: Protect, Support, Recover:

Protect — $15.2 billion, including $7.5 billion in new funding, for the government's urgent response to COVID-19.

Support — $13.5 billion, including $2.4 billion in additional supports for people and jobs. Providing one-time emergency funding of $25 million for Ontario's arts institutions to help cover operating losses incurred as a result of COVID-19.

Recover — $4.8 billion in new supports to build the foundation for a strong recovery fuelled by economic growth.