Ontario Minister of Finance Greg Sorbara's Statement in Response to the Federal Speech from the Throne - October 16, 2007

    TORONTO, Oct. 16 /CNW/ - The federal Throne Speech indicates that Ottawa
is planning to move forward to strengthen the Canadian economy - but areas
such as manufacturing need immediate action now.
    We are supportive of Ottawa's efforts to enhance competitiveness. A
strong Ontario underpins a strong Canada and a healthy manufacturing sector is
vital to the prosperity of all Canadians. We look forward to working with the
federal government on the details of this plan.
    We are pleased the federal government recognizes Employment Insurance is
in need of reform. We continue to urge Ottawa to make changes to the EI system
to provide Ontarians with a more equitable system that includes the employment
supports they need. We have to build better bridges for workers where jobs are
in short supply to areas where new skills are in high demand. That is what EI
is supposed to do.
    Ottawa has an important role to play to provide more funding for
maintaining and improving Ontario's infrastructure - roads, bridges, water and
transit systems to help build a strong, prosperous economy.
    As well, Ontario continues to urge the federal government to provide
municipalities the equivalent of one cent of the Goods and Services Tax, which
would add more than $1.9 billion per year in new funding for municipal transit
and infrastructure in Ontario.
    We will speak to the federal government about its plans as soon as
possible and look forward to working together to find approaches to these
issues that are in the best interest of both Ontario and of Canada.

For further information:

For further information: Ministry of Finance, Office of the Minister,
7th Floor, Frost Building South, 7 Queen's Park Crescent, Toronto, ON, M7A
1Y7, Telephone: (416) 325-0400, Facsimile: (416) 325-0374

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