Ontario budget imbalance amid tariff backlash
Tuesday, May 6, 2025, 3:21 pm
Ontario Premier Doug Ford warned that the upcoming budget may not be balanced amid steep U.S. trade tariffs and tariff pressures from President Trump. The province will plunge nearly $1 billion over three years into a Skills Development Fund, sparking debates over fiscal discipline amid cross‐border trade tensions.
As car companies report earnings for the first quarter of the year, many are signalling future profits will be impacted due to U.S. tariff policies.
Province will be adding nearly $1 billion over three years to the Skills Development Fund, which supports hiring, training and upskilling programs
Le premier ministre de l’Ontario, Doug Ford, prévient que le prochain budget de son gouvernement pourrait ne pas être équilibré, car la province doit soutenir sa population face aux droits de douane imposés par le président américain Donald Trump.
Doug Ford announced today that in the Ontario budget to be tabled May 15, the province will be adding nearly $1 billion over three years to the Skills Development Fund.
Ontario Premier Doug Ford is signalling that his government’s upcoming budget may not be balanced, as the province needs to support people in the face of U.S. President Donald Trump’s tariffs. Ford announced Tuesday that in the Ontario budget to be tabled May 15, the province will be adding nearly…
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