"Ford says his focus this session and that of his spending plan will be on protecting the economy, a continuation of the theme that helped him win a third straight majority government a year ago. It's all about protecting communities, protecting their jobs, Ford said last week."
"The tariffs have had an impact on the economy, with tens of thousands of layoffs in the auto, steel and aluminum sectors. Ontario's former chief economist Brian Lewis said he expects the government will build in a large contingency fund to the budget in an effort to address the global uncertainty."
Ontario's legislature returns for a shortened spring session, with Premier Doug Ford set to present his budget. The session is delayed due to the Progressive Conservatives. The budget is crucial amid global economic volatility, influenced by the war in Iran and U.S. tariffs. Unemployment in Ontario has been rising since mid-2023. Ford emphasizes the importance of protecting the economy and jobs. It remains uncertain if the budget will include new tariff relief measures, although a large contingency fund is expected to address global uncertainties.
Read at www.cbc.ca
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