Premier Kathleen Wynne was at the annual Bloomberg Economic Summit today to tout the Liberal plan to build an attractive business climate featuring low tax rates, a skilled workforce and support for employees and their families outside of work.
The Liberal plan stands in stark contrast to the Hudak PCs, who plan to cut 100,000 jobs and slash the services that people and businesses rely on. This would plunge Ontario back into a recession.
Investments made by Liberals over the past 10 years have resulted in a highly educated workforce, reliable hospitals and health care, and a competitive corporate tax rate that is already among the lowest in North America. This approach has produced results, with 459,000 net new jobs created since the low of the recession in June 2009, and almost 20,000 net new jobs created last month alone.
The 2014 Ontario Budget, which the Liberals are running on in this election, would:
Andrea Horwath’s NDP chose not to support the Liberal Budget, putting these jobs and Ontario’s economic recovery at risk. Premier Wynne pledges to re-introduce the Liberal budget if the Ontario Liberals are re-elected on June 12.
The Hudak PC Pink Slip Pledge would drive Ontario into a low-wage, low-growth economy and plunge the province back into a recession. Tim Hudak’s approach would eliminate many of the jobs that have sustained Ontario’s attractive business climate, and would reverse gains made in education, destroying Ontario’s competitive advantage.
“Tim Hudak’s plan for austerity is a recipe for recession, plain and simple. Companies are hiring again. Consumer and business confidence are on the rise. But the state of our recovery is still fragile. The Hudak PC plan to fire thousands of people and drastically cut government spending is the wrong plan for Ontario at the worst possible time.”
For further information:
Ontario Liberal Party
416 230 2084