Aggressive Strategies Helped Create 327,000 Jobs
QUEEN'S PARK, ON, March 18 /CNW/ - The McGuinty government's
comprehensive strategies to strengthen key economic sectors and position
Ontario as a leading competitor in the global knowledge economy helped create
327,000 jobs since October 2003.
"We're working very aggressively to generate more 'made-in-Ontario'
companies that stay here, create jobs here and compete in the international
marketplace," said Economic Development and Trade Minister Sandra Pupatello.
"And we've established a clear presence for Ontario in key global markets that
are important to our exporters."
The McGuinty government is making strategic investments in Ontario's
advanced manufacturing sector that underpins the provincial economy, employing
about one million people, or 16 per cent of Ontario's total employment.
Ontario's investments focus on advanced technologies and innovations that are
considered essential for Ontario manufacturers to compete and secure long-term
Strengthening Key Sectors
- Ontario's automotive investment strategies have helped anchor 7,000
jobs and attract $7-billion in new auto investments including a new
state-of-the-art Toyota assembly plant in Woodstock, the first green
field investment the province has secured in 20 years. The strategy
supports skills training, research and development, public
infrastructure, environmental technologies and energy efficiencies.
- Ontario's Advanced Manufacturing Investment Strategy (AMIS),
introduced in December 2005, encourages companies to invest in
leading technologies and processes that will increase productivity
and competitiveness. To date Ontario has announced six AMIS projects
that will generate $245-million in new investments and support the
creation or retention of nearly 2,500 high value jobs over five
- An Ontario oil sands initiative is creating east-west partnerships
and leveraging Ontario expertise in manufacturing technologies,
automation, robotics, advanced materials and lean manufacturing.
Strengthening Ontario's Global Profile
The government is also promoting Ontario expertise, knowledge and economic
and cultural diversity in key world markets where Ontario products and
services are needed and wanted.
- Ontario International Marketing Centres (IMCs) in ten key markets
will give Ontario exporters the platform they need to profile their
strengths. IMCs, co-located with existing Canadian foreign missions,
are open in New York, Los Angeles, Tokyo, Shanghai, New Delhi, Munich
and London. This year three more Ontario IMCs will become operational
in Mexico City, Beijing and Paris.
- Ontario Business Missions to China, India and Pakistan have helped
link Ontarians with business, education and cultural opportunities in
these massive markets. Ontario delegates signed more than 70
agreements with their partners in these markets that are now being
transformed into new business contracts, new investment and new jobs
"Economists continue to predict good economic growth in Ontario this year
and even stronger growth in 2008," Pupatello said. "Since we took office in
October 2003, Ontario has gained 327,000 jobs with more than 70 per cent of
those full time high value positions. We are making the right strategic
investments that strengthen our position and generate more wealth and
prosperity for the people of Ontario."
Disponible en français
For further information:
For further information: Phil De Mont, Minister's Office, (416)
325-6706; Lisa Roberts, Communications and Public Affairs Branch, (416)