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Ford pledges Ontario budget with infrastructure spending, not cuts, to battle U.S. tariffs

  • The Ford government released its 2025-26 budget forecasting a $14.6 billion deficit focusing on infrastructure and business support in Ontario.
  • The deficit grew due to U.S. Tariffs disrupting trade and economic forecasts showing slower growth and higher unemployment in Ontario.
  • The budget features a comprehensive $11 billion initiative to ease business tariffs, which includes deferred tax obligations, WSIB rebates, enhanced skills training, and outlines over $200 billion in upcoming infrastructure investments.
  • "We can always balance in a year or two," Ford said, emphasizing investing over cuts and pledging to protect key sectors despite the $14.6 billion deficit.
  • The budget aims to bolster economy and jobs but faces criticism for insufficient direct relief to individuals and concerns over housing and health care challenges.
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1059theregion.com broke the news in on Wednesday, May 14, 2025.
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