Ontario Premier Doug Ford has announced a series of tax deferment and rebate initiatives totalling $11 billion to mitigate the impact of tariffs imposed by U.S. President Donald Trump.
The government is postponing certain provincially administered taxes for a period of six months—from April 1 to Oct. 1, Ford announced in an April 7 press release. He said the move will support around 80,000 Ontario businesses.
Ford said the package is a response to U.S. tariffs “causing enormous economic uncertainty.”
“We can’t control President Trump, but we’re in full control of the kind of future we build for ourselves,” Ford said in the release. “The best way to protect Ontario is to build the most competitive economy in the G7, breaking down internal trade barriers and diversifying our trade so we can build a more resilient, prosperous and secure province.”…