'It's not going to be good': Ford says Trump's tariffs could cost Ontario 500,000 jobs
CTV
Premier Doug Ford says U.S. president-elect Donald Trump’s promised tariffs on Canadian goods could result in the loss of 500,000 jobs in Ontario, creating the need for billions of dollars in stimulus spending.
Premier Doug Ford says U.S. president-elect Donald Trump’s promised tariffs on Canadian goods could result in the loss of 500,000 jobs in Ontario, creating the need for billions of dollars in stimulus spending.
"These tariffs will effect every single person…It's not going to be good; I will tell you that right now,” Ford said at a news conference in Toronto Tuesday, as he announced another pillar of his so-called “Fortress Am-Can” plan to stave off the threatened tax.
Ford has said his government would be forced to spend “tens of billions of dollars” to bolster the province in the event the tariffs are put in place. On Monday, and amid speculation that he will call an early election, Ford said that a vote would need to take place to unlock that funding. He alluded to that possibility again on Tuesday.
“If that happens -- and we haven’t decided, first of all, if that’s going to happen -- I’ll still be working [as premier]. You know, answering the calls, speaking to U.S. governors and congress people. Speaking to other premiers across the provinces, so you never stop working,” Ford said in response to being asked if holding an early election would create a leadership vacuum in Ontario.
The premier said he would take a wait-and-see approach to see what sectors of the province will be most affected by the 25 per cent tariff, should they come to pass after Trump’s inauguration on Jan. 20.
“It all depends on the amount of tariffs, what sectors they’re affecting. But I was getting numbers yesterday from the ministries: It could cost 500,000 jobs,” Ford said. “This is serious. It’s unprecedented. Let’s hope it doesn’t cost 500,000 jobs. But we need the ability to go in there and support the sectors and the people to make sure we protect Ontario, and return Canadian jobs as well right across our country.”
Voters in Ontario are next scheduled to go to the polls in June 2026 and Ford, so far, has not committed to that timeline.
