NDP will Kill Jobs in Northern Ontario

Expert calls NDP mining scheme "bad policy and it would hurt foreign investment"

SUDBURY, ON, Sept. 8, 2011 /CNW/ - Andrea Horwath's misguided mining pledge will kill jobs by shutting Northern Ontario to outside mineral investment, says Liberal MPP Rick Bartolucci.

"If we close our doors, other provinces and countries will certainly close theirs - permanently killing good paying refinery jobs across Northern Ontario," said Bartolucci.

By forcing companies to process minerals only in Ontario, other provinces and countries would retaliate by ending mineral investment here - including Quebec, BC, Newfoundland and Labrador, the United States, Peru, Chile, and Argentina.

Experts agree - Walid Hejazi, professor at the University of Toronto's Rotman School of Management said the NDP pledge "is wrong, it is bad policy and it would hurt foreign investment." (Toronto Star, August 9, 2011)

"Andrea Horwath is putting hundreds of jobs at risk in Sudbury alone," said Bartolucci who pointed to Xstrata Sudbury, which could be forced to lay off workers as they receive 70% of smelting material from Quebec, USA, and Australia.

Other refineries that would suffer from retaliation under Horwath's plan include:

  • Cameco - uranium concentrate is imported from Saskatchewan
  • Imperial Smelting & Refining Co of Canada - about one third of their material processed is from outside Ontario
  • Johnson Matthey Ltd - 90% of their material is from outside Ontario
  • Royal Canadian Mint - approximately two thirds from outside of Ontario
  • Vale - 30% of materials processed are from out of province

"The Horwath NDP would take Ontario off-track and derail our fragile economic recovery," said Bartolucci.

"Only Ontario Liberals have a positive plan to create jobs and move Northern Ontario forward."

SOURCE Ontario Liberal Party

For further information:

Ontario Liberal Media Office
416-961-3800 x 328

Profil de l'entreprise

Ontario Liberal Party

Renseignements sur cet organisme

ONTARIO ELECTION 2011

Renseignements sur cet organisme


FORFAITS PERSONNALISÉS

Jetez un coup d’œil sur nos forfaits personnalisés ou créez le vôtre selon vos besoins de communication particuliers.

Commencez dès aujourd'hui .

ADHÉSION À CNW

Remplissez un formulaire d'adhésion à CNW ou communiquez avec nous au 1-877-269-7890.

RENSEIGNEZ-VOUS SUR LES SERVICES DE CNW

Demandez plus d'informations sur les produits et services de CNW ou communiquez avec nous au 1‑877-269-7890.