| Premier Doug Ford reinforces Budget commitment to help create good jobs and fight for Ontario workers Ontario’s government is providing real relief to job creators and making Ontario open for business with the introduction of the 2019 Budget, Protecting What Matters Most. Today, Premier Doug Ford joined Todd Smith, Minister of Economic Growth, Job Creation and Trade, at Veoneer Canada Inc. to congratulate them on forecasting the creation of 300 new jobs and to reinforce the government’s commitment to helping businesses invest and grow in Ontario. “Congratulations to “ “Our government is committed to creating an environment where businesses, like “The Ontario government’s 2019 Budget, Protecting What Matters Most, is focused on getting Ontario back on track and making it easier for businesses to grow and create jobs across the province by: Saving businesses $3.8 billion in corporate tax relief over six years through the Ontario Job Creation Investment Incentive and $5 billion total in 2019, along with taking other actions to reduce costs for businesses and support job creation; Modernizing Ontario’s business support programs through the Open for Jobs Blueprint, including reviewing grant programs to improve regional economic development Implementing the 10-year Driving Prosperity auto sector plan, investing $40 million over the next three years; and Fighting the federal government’s carbon tax. “Markham is at the centre of Canada’s largest automotive innovation hub and companies like ” After 15 years of job-killing red tape and tax schemes, Ontario is ready to be the economic engine of Confederation again,” said Ford. “And in Ontario, open for business must mean open for jobs.” |
| QUICK FACTS Protecting What Matters Most is the government’s proposed plan to balance the budget in a responsible manner while protecting front-line services like health care and education. Since June 2018, 123,200 jobs have been created across Ontario. In 2018-19, the government saved $3.2 billion by finding efficiencies and reducing spending without compromising front-line services. Ontario’s Open for Business Action Plan has set two targets for 2020 to help businesses keep, grow and create good jobs: to save Ontario companies at least $400 million per year in the cost of complying with regulations and to reduce the number of regulatory requirements affecting businesses by at least 25 per cent. The government is also keeping Ontario open for business and open for jobs by fighting the federal government’s job-killing, unconstitutional carbon tax with every tool at its disposal. This year, the federal carbon tax will cost a typical Ontario household an extra $258. That number will rise to $648 by 2022. The federal carbon tax will impact every sector of our economy. By 2022 |
