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Ontario launches $5B fund to help businesses hit by US tariffs, forecasts budget deficit.
Ontario's 2025 budget, named "A Plan to Protect Ontario," aims to combat the economic impact of US tariffs with a $5 billion fund for businesses and various support measures.
The budget forecasts a $14.6 billion deficit for 2025-26, shrinking to a $200 million surplus by 2027-28.
Highlights include lower gas taxes, toll removal on Highway 407 East, and increased funding for health care and education.
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Ontario lanza un fondo de $ 5 mil millones para ayudar a las empresas afectadas por los aranceles estadounidenses, pronostica déficit presupuestario.