Sustained Infrastructure Investments Prudent Response to Global Challenges Impacting Ontario's Economy [Yahoo! Finance]
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Source: Yahoo! Finance
Feature image accompanying RCCAO's Ontario Budget 2026 news release response. · GlobeNewswire Inc. Vaughan, ON, March 26, 2026 (GLOBE NEWSWIRE) -- Ontario's economy is facing serious challenges caused by difficult global headwinds. The Residential and Civil Construction Alliance of Ontario (RCCAO) commends the Ontario Government for providing tax relief for homebuyers and homebuilders, and making sustained investments in critical infrastructure in the 2026 Ontario Budget, A Plan To Protect Ontario. RCCAO was pleased to see Premier Ford lead a collaboration with the federal government to bring tax relief by removing the HST on new home purchases in Ontario in this year's budget. RCCAO's sustained advocacy and research has consistently shown the high tax burden, over 30% of the cost of a new home, was directly contributing to Ontario's housing crisis. The province's sustained investments in transportation and water infrastructure as a part of the 10-year, $210 billion capital p
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