Ontario Fast-Tracking Next Generation Of Jobs Fund



    Government Investing In Clean Technologies To Help Companies Create Jobs

    NEWS

    TORONTO, March 4 /CNW/ - Ontario is launching its Next Generation of Jobs
Fund to give companies quicker decisions so they can get projects off the
ground and create opportunity for families.
    The Next Generation of Jobs Fund is part of Ontario's plan to keep pace
with changes in the global economy and create jobs for families. The
government is providing $1.15 billion to support companies whose products
reduce pollution, save energy, make transportation more efficient or help the
environment in other ways.
    The government is now accepting applications. Companies are guaranteed a
decision within 45 days of submitting a complete proposal.

    QUOTES

    "We're stepping up because Ontario is not going to let others steal our
future out from under us -- we will produce the next wave of clean
technologies that create jobs and clean up the environment," said Premier
McGuinty.
    "We're sending the message to companies around the world that if you've
got a project that will grow your business and create jobs, we'll make it
happen in Ontario," said Minister of Economic Development and Trade Sandra
Pupatello.
    "This fund is about building on our strengths to ensure Ontario can
compete and win in the global economy -- and create a better standard of
living for Ontario families," said Minister of Research and Innovation John
Wilkinson.

    QUICK FACTS

    Ontario has the highest percentage of people with a post-secondary
education in the western world.
    Ontario has the second highest number of manufacturing employees of any
place in North America, after California.

    LEARN MORE

    Learn more about the Next Generation of Jobs Fund
(http://www.ontariocanada.com/ontcan/en/home_en.jsp) and how to apply.

    
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For further information: Premier's Media Office: (416) 314-8975

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