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America Rebuilding Gaza... Doug Ford on Protecting Workers in Ontario from Tariffs

America Rebuilding Gaza... Doug Ford on Protecting Workers in Ontario from Tariffs

Published 1 year, 1 month ago
Description
  • The Ontario PC plan to protect workers and businesses includes:
  • $10 billion in cash-flow support for Ontario employers through a six-month deferral of provincially administered taxes on Ontario businesses.
  • $3 billion in payroll tax and premium relief for small businesses.
  • $120 million to support approximately 18,000 bars and restaurants by increasing the LCBO wholesale discount from 10 per cent to 15 per cent.
  • $40 million for a new Trade-Impacted Communities Program to support municipalities and communities that face major economic disruption stemming from new tariffs.
  • $300 million to expand the Ontario Made Manufacturing Investment Tax Credit to support more businesses that invest in buildings, machinery and equipment that are used for manufacturing and processing in Ontario, including investments to retool and onshore supply chains.
  • $600 million for the Invest Ontario Fund so Ontario can continue attracting investments that create jobs in key sectors, including advanced manufacturing, life sciences and technology.
  • Leveraging Ontario’s nearly $30 billion in annual provincial procurement, in addition to the $200 billion in Ontario’s plan to build, to prioritize Ontario steel, forestry products and other inputs for provincial infrastructure projects, purchase Ontario-made vehicles for government use and help local innovators access more government procurement opportunities. We will also ask and encourage municipalities to do the same in order to protect Ontario jobs and create new opportunities for Ontario and Canadian workers and businesses through their procurements.
  • Urging the federal government to fairly and quickly distribute retaliatory tariff revenue to impacted workers and businesses.


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Informal comments to the media by H.E. Mr. Riyad Mansour, Permanent Observer of the State of Palestine to the United Nations, on situation in the West Bank and on the upcoming Security Council meeting on Palestine. One question was answered in Arabic.

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