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Ontario Premier Doug Ford says he did cartwheels after Democrats’ midterm election sweep. But Carney’s minister responsible for US trade, Dominic LeBlanc, warns it’s too early to celebrate. Read more in the Canada Daily newsletter.
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Ontario continues to delay balancing its books as its economic outlook deteriorates, and now projects it won’t reach a surplus until the 2030 fiscal year.
ONTARIO PROJECTS GDP GROWTH OF 0.5% IN 2026 AND 1.5% IN 2027, DOWN FROM MARCH FORECASTS OF 1% AND 1.7% RESPECTIVELY
ONTARIO SEES AN FY26-27 DEFICIT OF C$16.9 BLN VERSUS A C$13.8 BLN BUDGET AND DELAYS A BALANCED BUDGET UNTIL 2029-30 ON LOWER GROWTH, WITH FY27 LONG-TERM BORROWING SEEN AT C$51.1 BLN VERSUS A BUDGET OF C$47.2 BLN
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Ontario Premier Doug Ford said Canada must prepare for the possibility that US trade protectionism will last well beyond President Trump’s administration
Ontario’s taxing delay on property assessments
Ontario Defends Volkswagen Battery Plant Delay as “Extremely Exciting”
Ontario Teachers’ Pension Plan said it will invest an additional C$10 billion in Canada’s public and private markets by the end of next year, as the country’s largest pensions ramp up their efforts to support the country.
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Ontario premier wants GOP to lose House, Senate over Trump's trade war: 'Hold him accountable'
