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CME advocates on behalf of Ontario manufacturers at 2018 pre-budget hearings

Published by Marie Morden on January 17, 2018

TORONTO (January 17, 2018) -- Mathew Wilson, Senior Vice-President of Policy appeared today before the Standing Committee on Finance and Economic Affairs in the context of the Ontario Pre-Budget hearings.

Mr. Wilson stood up for manufacturers by highlighting the critical importance of the sector for the economy and showed legislators that, despite the key role that manufacturing plays in the province, the sector is struggling under the weight of a range of policy and regulatory changes in Ontario and a business environment that is increasingly losing ground to our major global competitors.

CME's recommendations to the Government of Ontario for budget 2018 were focused on four core areas -investment, innovation, skills and energy. Specifically, CME asked for: 

  • The modernization of the tax and regulatory system to ensure that it is globally competitive and is below that of the U.S. and to provide incentives for investments in innovation, productivity and growth. 
  • Support for innovation through investment in machinery, equipment, technology and advanced manufacturing processes to boost productivity and facilitate the commercialization of innovative products. 
  • Government involvement to increase investment in industry-led training and skills-development initiatives, while also working with industry to attract underrepresented groups to jobs in manufacturing.
  • Lower electricity costs to encourage investment and production.  

A full transcript of the remarks is available here

A broadcast of the hearing can be found on the Queen's Park website

About the Canadian Manufacturers & Exporters:

Since 1871, Canadian Manufacturers & Exporters has been helping manufacturers grow at home and thrive around the world. In 2016, CME released Industrie 2030 - a roadmap for doubling Canadian manufacturing activity by 2030. Our focus is to ensure the sector is dynamic, profitable, productive, innovative and growing. We aim to do this by strengthening the labour force, accelerating the adoption of advanced technology, supporting product commercialization, expanding marketplaces and, most importantly, ensuring a globally-competitive business environment. CME is a member-driven association that directly represents more than 2,500 leading companies who account for an estimated 82 per cent of manufacturing output and 90 per cent of Canada's exports.

For more information, please contact:

Stefi Proulx
Senior Communications Advisor
Canadian Manufacturers and Exporters
613-292-6070
stefi.proulx@cme-mec.ca 

 

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