New, Southwestern Ontario Economic Development Fund Set To Create More
CAMBRIDGE, ON, Sept. 16, 2011 /CNW/ - Ontario Liberals will create jobs,
develop the local economy and attract new investment to communities in
Southwestern Ontario said Premier Dalton McGuinty today.
"These are uncertain times, and families in Southwestern Ontario have
felt the effects of the global recession close to home," McGuinty
said. "That's why we're introducing a new fund — modelled on the
success of the Northern Ontario Heritage Fund and Eastern Ontario
Development Fund — that will create jobs for Southwestern Ontario
The new Southwestern Ontario Economic Development Fund will help create
jobs, expand economic opportunities and attract new investment to our
communities. Ontario Liberals would invest $80 million over four years
in the fund. Consultations will begin this fall to ensure the fund
meets the specific economic needs of Southwestern Ontario communities.
"The Southwestern Ontario Economic Development Fund will bring immense
benefit to our region," said Serge Lavoie, President of the
Southwestern Economic Alliance (SWEA). "I'm pleased to see this
commitment to jobs and opportunity for the 2.5 million people of our
region, from Windsor to Guelph and beyond."
The Hudak PCs have a $14 billion hole in their platform — that means
deep cuts that will put our economy, education and health care at
risk. The Hudak PCs don't believe in investing in job creation. When
we took action to save hundreds of thousands of jobs in the auto
sector, Hudak's PCs called it "corporate welfare" and would have chosen
to cut people loose.
The Horwath NDP have said they oppose the Southwestern Ontario Economic
Development Fund. They would further put Ontario jobs at risk by
introducing a crushing $9 billion in job-killing taxes.
Both opposition parties would take Ontario off track at the worst time.
SOURCE Ontario Liberal Party
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