Ontario is moving forward with its five-year plan to open Ontario to new jobs and growth while outlining measures to help eliminate the deficit caused by the global recession. Ontario will continue to implement measures to manage expenditures, including compensation restraint and making government programs more efficient. The 2010 Ontario Budget lays out a plan to cut the deficit in half in five years, and eliminate it in eight years.

In the fiscal year 2010-11, the Ontario government is projecting total expense of Cdn$125.9 billion against revenue of $106.9 billion and a reserve of $0.7 billion with a $19.7 billion deficit.

Composition of Revenue
Source: Ontario Ministry of Finance, 2010 Ontario Budget, Chapter II, Chart 19 (4/2010) Composition of Current Revenue Outlook, 2010-11 Total: Cdn$106.9 Billion Composition Percentage (%) $Cdn Billions Federal Payments  22     23.7     Personal Income Tax  24     25.9     Sales Tax  18     19.1     Education Property Tax  5     5.3     Corporations Tax  7     7.4     Employer Health Tax  4     4.7     Other Taxes  3     3.2     Gasoline and Fuel Taxes  3     3.0     Ontario Health Premium  3     2.9     Other Non-Tax Revenue  7     7.4     Income from Government Enterprises  4     4.2     Total  100     106.9     NOTES: Numbers may not add to totals due to rounding.	See Exchange Rate Values HELPFUL TIPS What's so special about this section? How is the information arranged? Navigation Getting at the data Making effective presentations Missing or inaccurate data How to verify that the charting module has been installed on your computer Help Video Exchange Rates
Composition of Total Expense
Source: Ontario Ministry of Finance, 2010 Ontario Budget, Chapter II, Chart 20 (4/2010) Composition of Current Total Expense Outlook, 2010-11 Total: Cdn$125.9 Billion Composition Percentage (%) $Cdn Billions Health Sector  37     46.1     Education Sector*  17     21.4     Postsecondary Education and Training Sector  6     8.1     Children's and Social Services Sector  11     13.9     Justice Sector  3     4.4     Other Programs  17     22.0     Interest on Debt  8     10.0     Total  100     125.9     NOTES: Numbers may not add to totals due to rounding. * Excludes Teachers' Pension Plan	See Exchange Rate Values HELPFUL TIPS What's so special about this section? How is the information arranged? Navigation Getting at the data Making effective presentations Missing or inaccurate data How to verify that the charting module has been installed on your computer Help Video Exchange Rates