On May 1, 2014, the Ontario government presented its 2014 budget. Shortly after the budget presentation, both the opposition parties declared that they would not support the budget. Premier Kathleen Wynne announced an election shortly thereafter. Consequently, whether the measures in this budget will be implemented depends in large part on the outcome of the election scheduled to occur on June 12, 2014. Please view our Tax Bulletin section for our summary of the key tax matters presented in the budget.