"With the economy and financial markets reeling from U.S. President Donald Trump's tariff regime, Mr. Ford announced Monday that his government was offering Ontario businesses six months of tax deferrals as the levies weighed on the province's auto, steel and aluminum sectors. The move suspends interest payments and penalties for a list of provincial taxes that businesses face, including a health tax and levies on insurance, gas, alcohol and tobacco, with the relief worth up to $9-billion. Those tax bills are now set to come due on Oct. 1...” (Jeff Gray, 2025)
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Gray, Jeff. (2025, April 7th) Ontario announces $11-billion in promised tariff relief for businesses. Available from the Globe and Mail: https://www.theglobeandmail.com/canada/article-ontario-announces-promised-tariff-relief-for-businesses/