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Article | Client Advisory

Highlights of the 2026 Ontario budget

March 27, 2026

Ontario’s March 26, 2026 budget outlines measures for employers, pension and benefit plans, including PBGF updates, Variable Life Benefits, unlocatable members, MGA licensing and premium tax.

The Ontario budget was tabled on March 26, 2026. It announces initiatives of interest to employers and sponsors of pension and benefits plans. These include announcements with respect to the PBGF, Variable Life Benefits, unlocatable members, managing general agents licensing and the corporate tax on insurance premiums.

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