financetom
Business
financetom
/
Business
/
Market Chatter: Ontario To Spend Tens of Millions In U.S. Ad Campaign As Trump Pledges Tariffs
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Ontario To Spend Tens of Millions In U.S. Ad Campaign As Trump Pledges Tariffs
Nov 27, 2024 2:11 PM

04:47 PM EST, 11/27/2024 (MT Newswires) -- The Ontario government is launching a multimillion dollar advertising campaign in the United States highlighting that country's close economic ties with the province and the future possibilities between the two, as incoming president Donald Trump vows massive trade tariffs against Canada and Mexico, The Globe and Mail newspaper is reporting Wednesday.

It noted the ads for the campaign, which launches Monday, were filmed before the U.S. election as the province sought to get ahead of a further shift toward protectionist trade policies regardless of who won, according to a senior Ontario government source. The Globe and Mail is not identifying the source because they are not authorized to speak publicly about the campaign before it debuts.

The budget for the campaign is in the tens of millions of dollars and was always planned to start next week, the source said. The ads will highlight the strong trading relationship between Ontario and the U.S., focusing on benefits of that relationship including job creation, critical minerals and energy.

Ontario is the third-largest export destination for the U.S. and the top trading partner for 17 states. On Monday, Mr. Trump vowed to impose 25% tariffs on all imports from Canada and Mexico as he demanded the two countries take steps to stop the flow of migrants and fentanyl into the United States.

(Market Chatter news is derived from conversations with market professionals globally, and/or from other media sources. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Trump's 401(k) order offers retirement savers crypto, private assets, but also higher fees and more risk
Trump's 401(k) order offers retirement savers crypto, private assets, but also higher fees and more risk
Aug 11, 2025
NEW YORK (Reuters) -The new White House order directing regulators to expand access to alternative investments in 401(k) plans, like crypto or privately owned companies adds a new layer of risk to the retirement portfolios for ordinary investors that they may not fully understand, investment professionals say. This is brand new; none of it has been stress-tested yet in a...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Lithium Stocks Jump Pre-Bell After CATL Suspends Chinese Project
Lithium Stocks Jump Pre-Bell After CATL Suspends Chinese Project
Aug 11, 2025
06:00 AM EDT, 08/11/2025 (MT Newswires) -- Lithium stocks were up pre-bell Monday after Contemporary Amperex Technology, or CATL, the world's largest battery maker for electric vehicles, suspended a major mining project in China. The company said its license for a mine in Yichun in China's Jiangxi province expired Saturday, resulting in a production suspension at the site. CATL said...
Q-Gold Provides Update on Quartz Mountain Project, Board Appointment
Q-Gold Provides Update on Quartz Mountain Project, Board Appointment
Aug 11, 2025
05:58 AM EDT, 08/11/2025 (MT Newswires) -- Q-Gold Resources ( QGLDF ) late on Friday provided an update on the later-stage Quartz Mountain mineral exploration project in south-central Oregon that it intends to acquire from Alamos Gold ( AGI ) . Q-Gold representatives will visit the project site for the first time next week. The delegation will include Vice President...
Copyright 2023-2026 - www.financetom.com All Rights Reserved