
Ontario budget paints grim picture of tariff impacts
Power & Politics
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Ontario's Economic Challenges and Strategies
This chapter examines Ontario's projected $14.6 billion budget deficit driven by the impact of U.S. tariffs on the provincial economy. It highlights a $30 billion spending plan aimed at addressing the tariff-related challenges while fostering long-term economic growth and stability. The discussion includes the complexities of trade relationships, rising unemployment, and the need for strategic infrastructure investments to enhance economic resilience.
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