Provinces have roughly $100B at hand for tariff relief, Desjardins estimates
- Provinces in Canada have up to $100 billion available for tariff relief, according to a report from Desjardins Economics.
- Desjardins predicts that Ontario, Quebec, and Manitoba will be most affected by U.S. Tariffs.
- Nova Scotia Finance Minister John Lohr reported plans for a $200-million reserve fund to address uncertainties from U.S. Tariffs.
- Laura Gu from Desjardins stated, 'We don’t see the necessity of a pandemic-level stimulus' in response to expected tariff impacts.
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Provinces Have Roughly $100B at Hand for Tariff Relief, Desjardins Estimates
Canada’s provincial governments have enough fiscal firepower to respond to looming U.S. tariffs without supersizing their debt burdens, a new report says. The analysis released Tuesday from Desjardins Economics predicted upcoming provincial budgets will be dominated by plans to prepare for an unknown 2025 as promised tariffs from U.S. President Donald Trump put a cloud over fiscal forecasts. “The provinces are heading into a budget season with t…
·New York, United States
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Provinces have roughly $100B at hand for tariff relief, Desjardins estimates
Breaking News, Sports, Manitoba, Canada
·Winnipeg, Canada
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