The City of Greater Sudbury
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Income Tax Cut in Affect

As of January 1, 2010, the province cut the first income bracket tax rate by one percentage point, from 6.05 per cent to 5.05 per cent. As a result, Ontario now has the lowest tax rate of all provinces on the first income bracket, and an additional 90,000 lower income Ontario taxpayers will no longer pay any provincial personal income tax.

Ontario's comprehensive package includes $10.6 billion in direct payments and permanent tax relief for the people of Ontario. It also includes a new, permanent Ontario Sales Tax Credit, an enhanced Ontario Property Tax Credit, cuts to corporate income tax rates and merging two sales taxes into a single harmonized sales tax to strengthen our economy.

Click here to learn more.

Municipal 2010 Elections

The race for city council and school boad trustee has begun.

The 2010 Greater Sudbury municipal election will be held on October 25, 2010 to elect a mayor and 12 city councillors. In addition, school trustees will be elected to the Rainbow District School Board, Sudbury Catholic District School Board, Conseil scolaire de district du Grand Nord de l'Ontario and Conseil scolaire de district catholique du Nouvel-Ontario.

The election will be held in conjunction with those held in other municipalities in the province of Ontario.

Click here to see who has filed nomination papers

Parliamentary Budget Office Releases Report on Federal Government Deficit

In a report issued by the Parliamentary Budget Office (PBO) on January 13, 2010, the federal government is expected to face structural budget deficits even after the Canadian economy returns to normal levels of expansion.

Ottawa went $56 billion into a deficit in the 2008-09 fiscal year by distributing unprecedented amounts of stimulus. The report states that the government's structural deficit will grow rather than shrink even during the years the economy is growing. A structural deficit describes a portion of a country's budget deficit that exists even when the economy is running at full capacity during a period of expansion.

The PBO is an independent body, mandated to provide independent analysis on the state of the country's finances, government estimates and trends in the national economy.

Click here to read the full report.