{"id":34863,"date":"2026-03-31T04:58:25","date_gmt":"2026-03-31T11:58:25","guid":{"rendered":"https:\/\/essential.construction\/news\/ontario-budget-highlights-canadian-contractor\/"},"modified":"2026-03-31T04:58:25","modified_gmt":"2026-03-31T11:58:25","slug":"ontario-budget-highlights-canadian-contractor","status":"publish","type":"post","link":"https:\/\/essential.construction\/news\/ontario-budget-highlights-canadian-contractor\/","title":{"rendered":"Ontario Budget Highlights &#8211; Canadian Contractor"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p style=\"font-weight: 400;\">The Ontario government dropped its 2026 budget on March 26. Items of interest to renovators and custom homebuilders include\u2026<\/p>\n<p style=\"font-weight: 400;\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-1003297852 alignleft\" src=\"https:\/\/www.canadiancontractor.ca\/wp-content\/uploads\/2026\/03\/queens-park-scaled-enews.jpeg\" alt=\"-\" width=\"246\" height=\"164\" srcset=\"https:\/\/www.canadiancontractor.ca\/wp-content\/uploads\/2026\/03\/queens-park-scaled-enews.jpeg 600w, https:\/\/www.canadiancontractor.ca\/wp-content\/uploads\/2026\/03\/queens-park-scaled-enews-270x180.jpeg 270w, https:\/\/www.canadiancontractor.ca\/wp-content\/uploads\/2026\/03\/queens-park-scaled-enews-250x167.jpeg 250w\" sizes=\"auto, (max-width: 246px) 100vw, 246px\">Removing the full 13 percent of HST for all eligible buyers of new homes valued up to $1 million for a maximum rebate of $130,000 in relief to an eligible buyer with the amount maintained for new homes valued up to $1.5 million.<\/p>\n<p style=\"font-weight: 400;\">Cutting the small business corporate income tax (CIT) rate from 3.2 percent to 2.2 percent effective July 1.<\/p>\n<p style=\"font-weight: 400;\"><a rel=\"nofollow noopener\" href=\"https:\/\/www.canadiancontractor.ca\/canadian-contractor\/ottawa-and-ontario-announce-deal-to-reduce-development-charges\/1003297860\/\" target=\"_blank\">Working with the federal government to provide funding to eligible municipalities that take action to significantly reduce development charges.<\/a><\/p>\n<div class=\"code-block code-block-center code-block-11 code-block-article-bill--post-pages\">\n<p>Advertisement<\/p>\n<p><!-- Aricle Billboard -->\n<\/div>\n<\/div>\n<p><script>(function(d, s, id) {\n\t  var js, fjs = d.getElementsByTagName(s)[0];\n\t  if (d.getElementById(id)) return;\n\t  js = d.createElement(s); js.id = id;\n\t  js.src = \"\/\/connect.facebook.net\/en_US\/sdk.js#xfbml=1&appId=761779333850340&version=v2.0\";\n\t  fjs.parentNode.insertBefore(js, fjs);\n\t}(document, 'script', 'facebook-jssdk'));<\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.canadiancontractor.ca\/canadian-contractor\/ontario-budget-highlights\/1003297862\/\" rel=\"nofollow noopener\" target=\"_blank\">This article was originally posted at Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] The Ontario government dropped its 2026 budget on March 26. Items of interest to renovators and custom homebuilders include\u2026 &#8230; <a title=\"Ontario Budget Highlights &#8211; Canadian Contractor\" class=\"read-more\" href=\"https:\/\/essential.construction\/news\/ontario-budget-highlights-canadian-contractor\/\" aria-label=\"Read more about Ontario Budget Highlights &#8211; Canadian Contractor\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1090],"tags":[1091],"class_list":["post-34863","post","type-post","status-publish","format-standard","hentry","category-canadian-contractor","tag-canada","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/34863","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/comments?post=34863"}],"version-history":[{"count":0,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/34863\/revisions"}],"wp:attachment":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/media?parent=34863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/categories?post=34863"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/tags?post=34863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}