SoVote

Decentralized Democracy

Ontario Assembly

43rd Parl. 1st Sess.
November 27, 2023 09:00AM
  • Nov/27/23 10:50:00 a.m.

Well, here’s the difference: While the federal government is increasing taxes through the carbon tax, we have been reducing taxes. In fact, we’ve lowered the cost of doing business by $8 billion a year. What has that resulted in? Site Selection Magazine declared Ontario as Canada’s most-competitive jurisdiction again this year. That’s five out of six years Ontario is our most competitive jurisdiction. The CBRE declared Toronto is the leading North American jurisdiction for tech job creation. Ontario leads Canada in foreign direct investment. In fact, in the first half of the year, almost $9 billion came into Ontario from outside of North America. That’s 57% of Canada’s foreign direct investment.

Speaker, none of this happened by raising taxes. We want our federal government to hear loud and clear that lower taxes create jobs.

141 words
  • Hear!
  • Rabble!
  • star_border
  • Nov/27/23 11:00:00 a.m.

Speaker, a few minutes ago, you heard the Minister of Municipal Affairs and Housing say that 700,000 new jobs were created in Ontario in just the last five years. Let me give you a bit of a breakdown: 70,000 workers work at 1,900 life science sector firms in Ontario, 420,000 workers are at 25,000 tech firms in Ontario, and over 120,000 direct jobs and hundreds of thousands of indirect jobs are now in our auto sector all across Ontario. All of that, Speaker, is not by raising taxes; it’s by lowering taxes and lowering the cost of doing business by $8 billion a year. Record job numbers have hit Ontario by keeping taxes low.

121 words
  • Hear!
  • Rabble!
  • star_border