Ontario's Throne Speech Addresses Economic Uncertainty, Trump Tariffs

In Ontario's recent throne speech, delivered by Lieutenant-Governor Edith Dumont, the economic uncertainty stemming from U.S. President Donald Trump's tariffs was a central theme. Premier Doug Ford's government aims to reshape the provincial economy by addressing internal trade barriers and expediting approval processes to unlock valuable minerals, amidst the chaotic impact of Trump's tariff policies. The speech highlighted the need for Ontario to become more competitive and self-reliant, moving away from dependence on U.S. trade. Plans for significant infrastructure investments were announced, including new railways and highways, alongside a commitment to tackle gridlock in the Greater Toronto Area with a proposed tunnel under Highway 401. Ford's government is also set to introduce legislation aimed at enhancing interprovincial trade, emphasizing equal treatment for goods and services across Canada. Additionally, a promise of $11 billion in urgent relief was made to provide fiscal flexibility amidst growing economic challenges.