US EditionTrump tariffs could throw off Ford's path to balanced Ontario budget
- The Ontario government faces significant fiscal challenges preparing its provincial budget expected next month.
- Escalating trade tensions and US tariffs, especially on auto parts, contribute to this financial uncertainty.
- Billions in announced aid for impacted workers and businesses complicates plans to manage provincial finances.
- Officials provided $11 billion through tax deferrals and support for companies impacted by tariffs.
- Strategists indicate these pressures could disrupt plans to balance the budget next year.
20 Articles
20 Articles
Trump tariffs could throw off Ford's path to balanced Ontario budget
U.S. President Donald Trump’s chaotic trade war will loom large over Doug Ford’s provincial budget, with experts saying billions in financial aid to impacted workers and businesses will throw a wrench in the premier’s plan to balance Ontario’s books next year.
New Trump tariff threats add to uncertainty at Windsor Assembly
Unifor Local 444 president James Stewart said U.S. President Donald Trump’s latest threats to raise American tariffs on Canadian-built vehicles even higher is only further stoking the fires of uncertainty in an industry that’s struggling to even schedule shifts beyond a week’s notice.
Donald Trump has revived negative interest rates: "It's definitely not everyday"
The yield on some Swiss government bonds was pushed into negative territory after Donald Trump announced the so-called retaliatory tariffs against most of the world on April 2. This will probably not spread to the rest of Europe, the assessment is.
Trump tariffs could throw off Ford's path to balanced Ontario budget #Canadian #CDNNews #CDNEcon #Economy
U.S. President Donald Trump’s chaotic trade war will loom large over Doug Ford’s provincial budget, with experts saying billions in financial aid to impacted workers and businesses will throw a wrench in the premier’s plan to balance Ontario’s books next year. Next month, Ford’s Progressive Conservatives are expected to unveil their first budget since winning a third-straight majority government in February. The spending plan could be announced …
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