💨 Abstract

Ontario is providing approximately C$11 billion ($7.7 billion) in relief for workers and businesses in Canada's largest province to help them navigate tariffs. This includes deferred taxes for businesses and a rebate for employers to preserve jobs. Canada, while spared from broad tariffs in April, faces tariffs on steel, aluminum, and auto exports to the U.S. that are not compliant with the US-Mexico-Canada Agreement on trade.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖