Reality check: Ontario's economy suffers under Dalton McGuinty



    With no economic plan and weak leadership, Ontario falls behind rest of
    Canada

    TORONTO, March 18 /CNW/ - Progressive Conservative Party Leader John Tory
today said Dalton McGuinty has very little to brag about when it comes to
Ontario's economy and he's taken his eye off the ball.
    "Dalton McGuinty is too busy patting himself on the back to notice what
is happening with Ontario's economy," said Tory. "It's definitely not a cause
for celebration. Weak management and non-existent leadership has Ontario
slipping when we used to be a leader."
    Tory pointed to several worrying economic signs Dalton McGuinty is
ignoring as he continues to say anything to get elected:

    
    -  Dalton McGuinty has increased government spending by over $20 billion
       since being elected, but has delivered few results and hasn't been
       able to keep his promises.
    -  Ontario has lost 120,000 high-paying manufacturing jobs over the past
       two years.
    -  The McGuinty Liberals have refused to bring in a real jobs plan to
       deal with the outflow of well-paying manufacturing jobs.
    -  Ontario was dead last in economic growth among Canadian provinces in
       2006 - trailing the next slowest growing province (PEI) by a
       substantial 0.6 per cent. (RBC Financial Group, Provincial Outlook,
       January 2007)
    -  Ontario is the only province other than PEI projected to run a deficit
       this year.
    -  Many of the jobs Dalton McGuinty brags about creating are public
       sector jobs.
    -  Ontario reported a net loss of 30,000 people to other provinces last
       year, with a record loss of 14,700 people in the third quarter seeking
       better job prospects elsewhere.
    

    "Instead of focusing on self-congratulation, Dalton McGuinty should be
bringing in a real plan to maintain and create new jobs in Ontario. If he
doesn't get going with a plan our children and grandchildren with pay a big
price," said Tory. "Dalton McGuinty is trying to tell people everything is
fine and he's done a great job. Given his track record of breaking promises,
we know Ontarians are going to think twice and say 'we won't get fooled
again'."





For further information:

For further information: Brendan Howe, (416) 325-0412

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JOHN TORY

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