Looking for a Source for Tomorrow's Ontario Budget? Ernst & Young Spokespeople Can Explain the Tax Impact to Businesses and Taxpayers

    TORONTO, March 21 /CNW/ - Rumours have been circulating surrounding 'hot
topics' for tomorrow's budget, to be delivered by Ontario Finance Minister,
Greg Sorbara. Rumours include a reduction in personal income tax and a
possible acceleration of the elimination of the provincial capital tax.
    Ernst & Young spokespeople are well-versed in the tax implications of
these changes to taxpayers and businesses alike; and are available to offer
their timely analysis and insight on the Ontario budget.

    About Ernst & Young

    Ernst & Young, a global leader in professional services, is committed to
restoring the public's trust in professional services firms and in the quality
of financial reporting. Its 114,000 people in 140 countries pursue the highest
levels of integrity, quality and professionalism in providing a range of
sophisticated services centred on our core competencies of auditing,
accounting, tax and transactions. Further information about Ernst & Young and
its approach to a variety of business issues can be found at
ey.com/perspectives. Ernst & Young refers to the global organization of member
firms of Ernst & Young Global Limited, each of which is a separate legal
entity. Ernst & Young Global Limited does not provide services to clients.

For further information:

For further information: Vashti Singh at vashti.singh@ca.ey.com or (416)
941-1881; Kelly Peace at kelly.peace@ca.ey.com or (416) 943-3662; or Nichola
Petts at nichola.petts@ca.ey.com or (416) 941-1813

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