Peter Bethlenfalvy is sworn in as the Minister of Finance during a cabinet swearing-in ceremony in Toronto on Wednesday, March 19, 2025. THE CANADIAN PRESS/Nathan Denette
Ontario is set to table its 2025-26 budget on May 15, with the impact of U.S. President Donald Trump’s tariffs likely to take centre stage.
Finance Minister Peter Bethlenfalvy announced the date on Thursday, saying it will be a plan that helps Ontario build more, build faster and achieve free trade across Canada.
“I think we’ve been pretty clear that it’s going to involve making sure that we shore up our economy, support our workers, (such as with) skills development funds as an area that we did in the past, and some big work to retrain and re-skill workers,” he said.
Ontario announced last month that businesses will see select provincial taxes deferred for six months, giving them about $9 billion worth of relief …