Ontario Liberals To Double Premier's Trade Missions

International Trade Creates Jobs, Makes Ontario Economy Stronger

TORONTO, Sept. 21, 2011 /CNW/ - Ontario Liberals will double the number of trade missions led by the Premier from four to eight over the next four years, announced Premier Dalton McGuinty.

"Developing stronger trade ties has helped Ontario businesses grow and build a stronger, more competitive economy here at home," said McGuinty. "We'll continue to improve the partnerships we've made so far and reach out to new markets that are growing."

Since 2003, Premier McGuinty led seven trade missions to several different countries: China, India, Israel and the West Bank, Japan and Pakistan.  These trade missions have contributed $1.7 billion to Ontario's economic growth and created 2,000 jobs for Ontario families.

The trade mission to India in 2009 also led to Toronto hosting the International Indian Film Academy (IIFA) Awards.  The event drew over 500 people from the Indian film industry, about 40,000 visitors and an international television audience of more than 600 million.

The PCs have $14 billion in unfunded giveaways and tax cuts that would mean deep cuts to hospitals and schools. The Hudak PCs' hostility to foreign investment would add uncertainty in an already uncertain time for Ontario's job creators.

The Horwath NDP would introduce a crushing $9 billion in job-killing taxes, which would kill Ontario's economic recovery by scaring away new business investment.  Only Ontario Liberals have a plan to move Ontario forward by attracting new business investment.

"With economic uncertainty around the world and especially in the US and Europe, Ontario has to expand and diversify its trade opportunities," said McGuinty.  "In today's global economy, that means working together with businesses both here at home and abroad to create jobs for Ontario families."

SOURCE Ontario Liberal Party

For further information:

Ontario Liberal Party Media Office:
416 961-3800 ext. 328

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