SoVote

Decentralized Democracy

Ontario Assembly

43rd Parl. 1st Sess.
March 30, 2023 09:00AM
  • Mar/30/23 1:30:00 p.m.

I’m happy to join the member from Durham to support the budget motion. This budget is all about building the future of a strong Ontario. Like the rest of the world, Ontario continues to face economic challenges. However, despite this uncertainty, our economy remains resilient. The budget is a responsible, targeted approach to help people and businesses today while laying a strong fiscal foundation for future generations.

Last Friday, when I was back in my riding of Richmond Hill, I received many phone calls giving me their thumbs up to our plan. One of my constituents, Amy, shared her excitement: “This is really a long-term plan. I see the future of Ontario and a bright future for our next generation.” I am so encouraged by her comments, and she is totally right.

Due to the government’s thoughtful, transparent planning, we have a path to balance the budget while still investing in health care, supporting seniors and building more homes. The budget continues heavy investments in infrastructure, with more than $20 billion in highways, hospitals and transit projects. We are also providing boosts to home care and the health care workforce.

Speaker, our government is building a strong Ontario by attracting and protecting investments and jobs. We are investing in hospitals, schools, transit, highways and other infrastructure projects. We are working to manage today’s challenges, train workers and provide connected and convenient health care and better public services. We have the right plan that is building an Ontario that we can all be proud of, not only today but in the future—an Ontario that continues to have a resilient economy, an Ontario that is strong.

Even though we are making investments into more health care, more housing, more highways, more transit, more skilled trades, more new manufacturing, more development in the north, we are still able to shrink the deficit of the 2022-23 fiscal year to $2.2 billion. We will further reduce the deficit to $1.3 billion in 2023-24, with a modest surplus of $200 million in the following year. My member just now has already covered all these things, but I still want to share this excitement.

All these are made possible because we worked hard in developing our economy. We successfully attracted over $16 billion in investments from the global automakers, from Ford to Toyota, GM to Volkswagen. Ontario is the global leader in electronic vehicle and battery manufacturing now.

Madam Speaker, our government is building Ontario for today and tomorrow by driving economic growth, lowering the cost of doing business, attracting new investments and getting key infrastructure built faster. The budget is proposing a tax credit that would lower the cost of investing in Ontario for the local manufacturers who are looking to grow and expand.

We are also unlocking the potential of northern Ontario by committing $1 billion to build the road to the Ring of Fire and other crucial infrastructure that will connect the rich mineral deposits in the north with Ontario’s world-class manufacturing sector.

Ontario is investing an additional $3 million this year and $3 million next year into a program that helps junior mining companies finance mineral exploration and development. The investments build on the government’s minerals strategy which aims to grow the sector and make Ontario a leading producer of critical minerals, including those in the Ring of Fire in the province’s north. Critical minerals are essential for products Ontarians rely on, like cell phones, electric vehicles and semiconductors in goods.

Madam Speaker, to build a stronger Ontario that works for everyone, we need to welcome more economic immigrants with the skills we need, especially in the skilled trades and health care. Ontario is facing a labour shortage with nearly 300,000 jobs unfilled, and it is critical to ensure that we have the resources to select and welcome those best placed to succeed, building stronger communities for everyone.

As part of the 2023 budget, our government is investing an additional $25 million over three years in our Ontario Immigrant Nominee Program. This investment will speed up processing and ensure those coming to Ontario can start working in their professions quickly. In the meantime, our government is investing $224 million to expand training centres, including union training halls and leverage private sector union expertise to train more workers in the skilled trades. Ontario needs more skilled workers.

Our government is also doing a lot to the lower the cost of living. The member has just covered a lot of what we are doing to lower the cost of living. All I can say is we have a strong outlook for Ontario. I share the finance minister’s quote, “Our government is now bringing the cars of tomorrow, the jobs of tomorrow and the investments of tomorrow.”

Thank you very much. I’m so looking forward to support from everybody in this House. Let’s build a strong Ontario together.

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