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2026 Ontario Budget

2026 Ontario Budget: A Plan to Protect Ontario

The 2026 Ontario Budget: A Plan to Protect Ontario is the government’s plan to protect Ontario by building the most competitive, resilient and self-reliant economy in the G7. This includes creating jobs, attracting investment, lowering costs for workers and businesses, keeping life affordable for families and individuals and making targeted investments in key public services that support the province’s long-term prosperity.

Protect Workers and Businesses

The government is taking bold and decisive action to protect Ontario from the impacts of U.S. imposed tariffs on the provincial economy, including key sectors such as automotive, steel and forestry. The government is fighting for Ontario workers and businesses by ensuring they have the supports needed to weather these challenges by supporting businesses and workers today and building long-term growth and resiliency for tomorrow.

workers in manufacturing plant

Protect Ontario

The government is taking action to protect Ontario by cutting red tape, lowering costs and taxes and making strategic investments in energy, critical minerals and manufacturing, while also working to create new opportunities for trade to support future growth. The government continues to protect Ontario by building highways, transit and community infrastructure, providing relief and supports to keep life affordable, strengthening public safety and expanding investments in critical areas such as health care, education, and other vital services.

Learn how the government is:

worker welding at nuclear facility

Economic and Fiscal Overview

The government’s economic and fiscal approach maintains a path to balance as part of its fiscal plan. The 2026 Budget continues to take a prudent and financially responsible approach, through sustained investments in key public services, while maintaining the fiscal flexibility needed to respond to changing conditions and supporting the people of Ontario.

Backgrounder: Economic and Fiscal Overview

four older friends enjoying a walk outdoors
Updated: March 26, 2026
Published: March 26, 2026

https://www.ontario.ca/budget ↗

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2026-10-30, 2026-10-30