SoVote

Decentralized Democracy

Ontario Assembly

43rd Parl. 1st Sess.
May 29, 2024 09:00AM
  • May/29/24 11:10:00 a.m.

Speaker, at every single opportunity they get, the Liberals have hiked taxes. Not only do they continue to hike the carbon tax, but now they plan to cancel the accelerated capital cost allowance. Now, Speaker, that’s the exact program that our government put in place to create 700,000 jobs since we were elected. The Liberals are taking that away from our businesses.

Their tax hikes chased 300,000 manufacturing jobs out of Ontario. If they need proof that lower taxes create jobs, just look at our track record: again, 700,000 jobs created since we were elected, 80,000 jobs this year alone.

Enough with the tax hikes. They don’t work. Lowering taxes is what works to create the jobs. Scrap the tax today.

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  • May/29/24 11:10:00 a.m.

Well, I want to thank the member for the question and the great job by the Minister of Economic Development and Trade. He’s travelling around the world, as he said, creating over 700,000 jobs. We have become now an economic powerhouse, not just in Canada, not just in North America, but around the world.

As we saw in the news there, now Bloomberg said in the headlines that Canada—which should really be Ontario—is now the number one destination for EV battery assembly, right here. We’ve seen over $43 billion of investment and over $16 billion in the tech sector. We have now overtaken Silicon Valley, the San Francisco Bay area, with the most employed in the tech sector.

We’ve seen over $3 billion in life sciences and more coming every single day. Last year, Ontario manufacturers created more manufacturing jobs here in Ontario than all 50 US states combined. We’ve seen revenues go from $150 billion, from a bankrupt province before we took over, to $214 billion, a gain of $64 billion, by reducing—

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