Woodstock, ON-FedDev Ontario Minister Gary Goodyear today spoke to members of the Woodstock District Chamber of Commerce to highlight the Government of Canada’s latest initiatives in Economic Action Plan 2014 to support jobs and growth, while returning to balanced budgets in 2015.
Minister Goodyear outlined a number of targeted and affordable measures proposed in Economic Action Plan 2014 to spur job creation and economic growth in an uncertain global economy, including:
Supporting the Government’s priorities, FedDevOntariolaunched a series of funding initiatives in December 2013. More than $530 million is available through the Southern Ontario Prosperity Initiatives, aimed at retaining, attracting and growing businesses in southernOntarioto increase the region’s global competitiveness. Also, $200 million over five years is available through the Advanced Manufacturing Fund inOntario, aimed at the development of transformative products and technologies to helpOntariomanufacturers create jobs and compete with the rest of the world.
“Over the past few years the Canadian economy has experienced one of the best performances among the G-7 countries in terms of both output and job creation. It is crucial for our Government to continue to pursue the objectives that have underpinned the Economic Action Plan since its inception in 2009, namely job creation and economic growth, while remaining on track for balanced budgets.”
Gary Goodyear, Minister of State for FedDev Ontario
“This low-tax plan builds on our record of strong, sound and consistent fiscal management. It is a low-tax plan to promote jobs and economic growth and support Canadian families. Financial prudence now leads to financial prosperity in the future. It leads to opportunity.”
Dave MacKenzie, Member of Parliament for Oxford