<p>U.S. President Donald Trump’s tariffs cast a pall over Ontario’s budget Thursday, dragging down GDP growth and knocking the province off its path to balance, with a $14.6-billion deficit projected this year.</p>

The budget includes about $30B in spending to stimulate the economy in the face of tariffs, including a $5B fund to give businesses relief.{ai:summary}<p>President Trump's tariffs have negatively impacted Ontario's budget, leading to a projected $14.6 billion deficit this year and hindering GDP growth. The province is now off its intended path to achieve a balanced budget. #economy</p>

Ontario budget forecasts $14.6B deficit, slower growth in wake of U.S. tariffs

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