Ford's Budget: Ontario's Economic Steady Course

0:00It's March 26. This is Toronto News Today, driven by AI. Ontario Premier Doug Ford's government is set to table its eighth budget today at Queen's Park. This comes as the province grapples with economic fallout from U.S. tariffs, leading to volatility across key sectors and rising unemployment levels. Earlier this week, reporters noted growing concerns over the overall economy and the high-cost tie to new highway projects. Details have been tight-lipped until the Finance Minister presents the full spending plan. Residents and businesses are watching closely, hoping for measures to ease pressures from global trade tensions and local job losses. Some early previews suggest debates around housing affordability and infrastructure priorities. Details emerging include a one-year removal of the provincial sales tax on new homes to boost construction. There's also talk of Toronto City Council reviewing plans to take over land near Billy Bishop Airport, plus Premier Ford pushing forward with a tunnel.

1:00Project under Highway 401, as the budget unfolds, it could signal how Ontario plans to steady its economy amid these challenges and set the course for spending ahead.