A new report from the Ontario Chamber of Commerce (OCC) and the Centre Wellington Chamber of Commerce (CWCC) is making the case that federal policies are a barrier to Ontario’s economic growth.
The chambers are calling on the federal government to play a more productive role in improving Ontario’s economic competitiveness.
The report, A Federal Agenda for Ontario, shows that federal approaches to areas such as training, immigration, infrastructure and economic development are hurting Ontario and its businesses.
“The federal government has done much to help Ontario during the downturn, including supporting the HST and helping bailout the auto sector” said Allan O’Dette, president and CEO of the OCC.
“But Ontario’s economy is still recovering, and we need the federal government to continue to seek ways to drive economic growth in the province,” O’Dette added.
The report notes Ontarians contribute $12.3 billion more into the federation than what they get back, and in many key areas, federal government policy is not aligned with provincial priorities.
“Infrastructure funding from the federal and provincial government are critical in supporting businesses and fostering expansion and new businesses in the municipality,” notes Janet Harrop, president of the CWCC.
“Adequate roads, bridges and utilities are basic needs that drive economic development,” she said.
The report makes 14 recommendations on how to reform policies relating to immigration, training, employment insurance, manufacturing, infrastructure, Aboriginal education, local economic development and the federal government’s distribution of wealth across the country.
“Ontario businesses are optimistic that the province will emerge from this period of economic uncertainty stronger and more competitive than ever,” said O’Dette.
“This is best achieved when we work collectively to create the right conditions.”
