For months, Premier Doug Ford and his PC MPP campaigned in cities across the province to slowly reveal some of the voter-friendly gossip in the document.
It is clear from these announcements that while the 2021 budget served as a way out of the pandemic, this year it’s all about affordability and infrastructure.
Live budget coverage will begin at CP24 at 4 p.m.  and will be streamed to CP24.com and the CP24 application.
Here’s what you need to know:
There will probably not be a substantive debate on this budget in the legislature, as the deadline for withdrawing the document – May 4 – is fast approaching.  The government may also choose to defer immediately after the budget is tabled, effectively ensuring that the document becomes its campaign platform.
The budget was originally due to be tabled on March 31st, which would give the legislature plenty of time to discuss and discuss the details – but in February the Ford government introduced legislation that would extend that deadline until the end of April.  This essentially meant that computers had to rewrite one of their own laws that went into effect in 2019 that would see both Ford and the Treasury Secretary paying a fine for missing the deadline.
At the time, the PC government said the deadline had to be pushed to give them time to review their latest economic forecasts as Ontario exited the COVID-19 restrictions.


WHAT DO WE KNOW SO FAR ABOUT THE BUDGET? 
Finance Minister Peter Bethlenfalvy said the budget would be “a plan to rebuild Ontario’s economy” and would include funding for highways, transit, hospitals and other key infrastructure projects.
Previously announced news includes about $ 3 billion to renovate hospitals, hundreds of millions of dollars to build electric vehicles, and about $ 500 million this year to build and renovate schools with the addition of childcare facilities.
There are also a number of other projects, such as the Bradford Bypass and the 413 freeway, which are currently unlabeled.
Sources confirmed to CP24 on Wednesday night that Ford will increase its eligibility for tax credit for low-income people and families (LIFT) from $ 38,000 to $ 50,000 in the 2022 budget.
The change would mean that 1.1 million will have an average of $ 300 more in tax breaks in 2022, a source said.
The income tax cut for low-income people is in line with the Ford Government’s 2022 budget theme – affordability.
Some of the more populist moves include the abolition of license plate renewal fees, something that Ontarians will already know if they receive a check by post.
In February, the government announced that license plate renewal fees and related stickers for passenger cars, light trucks, motorcycles and mopeds would be abolished – a move that would save Ontario residents about $ 120 a year.
Drivers who do not have outstanding parking tickets and whose addresses have been updated should have received a refund for the fees retroactively by March 2020.
These fees, according to the Financial Accountability Officer (FAO) of Ontario, brought in about $ 1.95 billion in revenue for the government in 2018-2019.  The budget should describe how much this promise will cost computers.
The Ford government has also made a number of other announcements about the affordable price leading to the budget, including a 50-cent increase in the minimum wage and tax cuts on gas and fuel over a six-month period.
Ontario FAO spokesman Peter Weltman told CTV News Toronto on Wednesday that there were questions about how Ford plans to fund these campaign promises.
“This five-year-old license plate sticker is about $ 6.7 billion.  It’s not just a billion dollars.  “And secondly, this money has to be borrowed,” he said.
Weltman added, adding that Ontario is in a relatively strong fiscal position and could see “amazing growth” over the next two years.
In April, the FAO said the province was well on its way to balancing its budget by 2023-24.
At the same time, the budget watchdog has forecast that spending will increase by an average of 3.6 percent per year over the next five years due to this type of spending commitment.
With archives from Siobhan Morris and the Canadian Press