“McGuinty has crashed the economy with soaring electrical rates and out-of-control government spending that’s made the province an unattractive place to invest. This latest (Jazz Aviation) announcement is just another example.”
– Ontario PC MPP Monte McNaughton, London Free Press July 17, 2012
LONDON – Better days are ahead for London and Ontario, but only if we get our fiscal house in order and our economic fundamentals back in line, Ontario PC Leader Tim Hudak said today.
Hudak made the comments during a For Jobs and Our Economy Town Hall, calling for frank discussion about Ontario’s economic troubles like the ongoing jobs crisis. The pain is felt in London where unemployment is 8.4 per cent – above the provincial and national average. What’s more, the province has lost 300,000 manufacturing jobs, while the public sector has gained the same number. As evidence, last week Jazz Aviation announced it was closing its London facility, costing 200 residents their jobs.
The fact is, Ontario is in a jam, Hudak said. “The money has run out. It’s time to talk to people like adults about our situation. We need policies that will kick-start growth and create good, paying, private-sector jobs.”
The number one thing we can do for job creation is get our fiscal house in order, Hudak continued: “That will tell businesses, manufacturers and global investors that Ontario can afford the things they need to invest, expand and achieve success, like lower taxes and better infrastructure.”
Elgin-Middlesex-London MPP Jeff Yurek also attended, saying “we must take urgent action to rein in this government’s overspending. This calls for an integrated, comprehensive plan that gets the economic fundamentals right and puts us on a path toward balanced budgets, a more dynamic economy and job creation.”
The Ontario PC Caucus have tabled a number of ideas to achieve this including: affordable energy, tax relief, changing the attitude of government by welcoming job creators – not deterring them with regulations and red tape – and a bold revision of this province’s 1940s era labour laws that hamper Ontario’s ability to compete, as proposed in their Paths to Prosperity Flexible Labour Markets white paper. Other ideas include:
- Reining in spending with a mandatory public sector wage freeze and allowing businesses and private sector unions to compete for government contracts;
- Reducing the cost of doing business by lowering taxes and treating affordable energy as a cornerstone of economic growth; and
- Creating 200,000 skilled-trade jobs by allowing employers to take on additional apprentices. This means more electricians, ironworkers and carpenters.
Oxford MPP Ernie Hardeman said “Ontario also has huge potential with a skilled workforce, close proximity to international markets and natural resources, like the Ring of Fire and the province’s role in developing the oil sands, which all could lead to jobs, growth and new opportunities, especially for the manufacturing sector.”
Hudak concluded “this is my plan for jobs, growth and a more prosperous future. And today in London, and across Ontario, I want to hear what the people who actually pay the bills and create the jobs think about these ideas.”