“Craig Wright, chief economist for RBC, said Ontario’s budget raised more questions than Ottawa’s because it was not clear how the province will balance its books.”
– The Globe and Mail, March 31, 2012
(London, ON) – Elgin-Middlesex-London MPP Jeff Yurek was joined by PC Leader Tim Hudak in London today at the Chamber of Commerce for a roundtable discussion on the 2012 provincial budget with London business leaders.
This roundtable kicks off the PC Party’s For Jobs and our Economy Tour. The tour will discuss ideas to jump-start the economy and get people back to work. With 600,000 people out of work and a looming $30 billion deficit, the Liberals have let Ontario down by delivering a lacklustre budget.
“The lack of a jobs plan and a licence to keep spending has meant our government continues to pile challenges on Ontario’s economic drivers – small and medium sized businesses,” said Mr. Yurek. “The PC Party recognizes this and so we’re consulting with these businesses to help build on our plan to spur private sector growth.”
[singlepic id=31 w=320 h=240 float=left]The PC Party action plan includes the following:
- Balance the budget by reducing the size and cost of government which would encourage businesses to expand and hire
- Lower business taxes to create a competitive business environment
- Eliminating costly and failed wind and solar subsidies and treat energy policy as the cornerstone of economic growth
- Permanently reduce Ontario’s 386,251 pieces of regulation by at least a third, and
- Modernize the apprenticeship system to create 200,000 new skilled trades jobs
“Government needs to create the proper environment for business to flourish,” said Mr. Yurek. “Businesses know that a high indebted jurisdiction like Ontario may not have the capacity to invest in lower business taxes and good infrastructure. These things are vital in attracting job creators and we are committed to making Ontario the best place to do business.
“If the Liberal party is unwilling, the PC Party will take the necessary action to create jobs and make Ontario the economic powerhouse of Canada.”
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Media Contact: Jeff Yurek’s Office | P: 416-325-3965 | E: email@example.com