This Year’s Tax Contributions from Ontarians Expected to Reach $9,406
Ontario’s per-capita tax burden has risen to $9,406 this year, according to a study from the Fraser Institute, which notes the tax contribution per Ontarian has seen an increase relative to the economic scale in recent years.
Tax revenue in 2017-2018 was equivalent to 12.1 percent of gross domestic product (GDP). In 2023-2024 it was 13.4 percent.
The study says there have not been “meaningful” tax rate reductions applied to any of the major tax categories in Ontario during the tenure of the Progressive Conservative government and the overall tax burden has grown whether measured in real per-capita terms or relative to provincial GDP.
“The provincial tax burden on Ontarians has grown substantially since 2003,” the study’s authors wrote. “It also demonstrates that despite sharp criticisms of his predecessors’ tax policies, Premier [Doug] Ford’s government has not reduced the tax burden on Ontarians.”
Tax Rebates or Reform?
Ontario pledged last October to send a $200 rebate cheque to all taxpayers in the province—an estimated 12.5 million adults—with the cheques going out early this year.
An Oct. 29 government press release said 2.5 million children would also be eligible to receive the rebate.
The government rebate was a bid to offset the “high costs of the federal carbon tax and interest rates,” Ford told reporters at a news conference last year.
