Special tax treatment for small businesses will phase out between $10 million and $50 million of taxable capital, Finance Minister Peter Bethlenfalvy said in his fall economic update, raising the threshold from its current upper limit of $15 million. (The Logic)

Talking point: The Progressive Conservative government estimates the tax cut—mirroring a move already made by the federal Liberals—totals $185 million over three years. Ontario is also copying a federal move to let businesses expense up to $1.5 million in capital investments immediately, but temporarily. The update includes promises to let Ontarians who get disability support earn up to $1,000 a month before clawbacks begin, instead of $200, and pledged $30 million more for skills training. Overall, the Tories project slower economic growth until 2024 than they did in their last budget, presented in August after Ontario’s spring election.