Ontario offers $11 billion in tax relief, rebates to businesses stung by U.S. tariffs

The Canadian Press

· Posted: Apr 07, 2025 9:39 AM EDT | Last Updated: 2 minutes ago

The Ontario authorities says it volition supply astir $11 cardinal successful alleviation and enactment for businesses stung by U.S. tariffs.

Premier Doug Ford says the measures volition assistance workers and businesses woody with U.S. President Donald Trump's "attacks on Ontario's economy."

The authorities says it volition defer prime provincially administered taxes for six months from April 1 to Oct. 1, which volition prevention businesses astir $9 billion.

It says it volition besides supply a $2 cardinal rebate for employers done the Workplace Safety and Insurance Board to assistance support workers connected the job.

Ford said past week helium was relieved to spot Canada is not facing immoderate of Trump's caller "reciprocal" tariffs, which were slapped on galore different countries astir the world.

But Ford said helium is inactive acrophobic astir the province's car sector, which is facing 25 per cent duties connected automobile imports into the U.S.