Ontario unveils $8B Competitiveness Tax Cut to back 30,000 jobs
2026-10-28: Government of Ontario launched an $8B Competitiveness Tax Cut to support 30,000 jobs (canada immigration jobs in demand) for job seekers.
IRCNews desk··1 min read
2026-10-28: Government of Ontario launched an $8B Competitiveness Tax Cut to support 30,000 jobs (canada immigration jobs in demand) for job seekers.
Ontario's new tax cut lowers investment costs and is estimated to create 30,000 jobs, signaling stronger hiring for workers and students, more growth for employers, and potential cost relief for families and newcomers across the province.
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On 2026-10-27, the Government of Ontario proposed reforms to upgrade local electricity distribution, helping LDCs, families, businesses and condo ratepayers.
Government of Ontario and Government of Canada unveiled $8.7B to support steel, auto and Ring of Fire roads, with enhanced trade enforcement and task forces.
Ontario’s Food Safety and Growth Initiative funds small agri-food businesses, up to $75,000 per project. Applications open Oct 19, 2026 to Mar 1, 2027.
On October 28, 2026, the Government of Canada invested $11M through the RTRI to modernize Conifex’s Mackenzie mill, supporting hundreds of northern B.C. jobs.
