This Matters podcast

Breaking down Ontario's big spend budget as Trump's tariffs loom large

2025-05-16
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Guest: Queen’s Park Bureau Chief Robert Benzie

Ontario just dropped its biggest budget ever — $232.5 billion — and looming over every dollar of it is the shadow of Donald Trump, his tariffs, and an uncertain economic future. This year’s budget also includes a new $5 billion “Protect Ontario” fund to shield businesses and jobs from the escalating trade war with the U.S. But behind the big numbers lie bigger questions like a $14.6 billion deficit, no major new housing initiatives despite a worsening crisis, and a controversial plan to rip out downtown bike lanes in favour of cars. The Star’s Queen’s Park Bureau Chief Robert Benzie breaks it all down and what this budget means for Ontarians. 

Produced by Saba Eitizaz and Paulo Marques

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