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Ontario’s economic development minister announced the province will challenge a potential 100% U.S. tariff on foreign-produced films, deploying its resources to fight the measure in Washington. This follows U.S. President Trump’s announcement of the tariff, a move that Ontario Premier Doug Ford condemned. The proposed tariff threatens to severely damage Canada’s film industry, potentially eliminating 30,000 jobs and $2.6 billion in economic activity in Toronto alone. Ontario is also pursuing additional measures, including a five percent increase to the Ontario Made Manufacturing Investment Tax Credit, to support businesses against this and other potential economic threats from the U.S.
John Q. Hosedrinker