Province promoting economic growth across key sectors
TORONTO — Vic Fedeli, Minister of Economic Development, Job Creation and Trade, issued the following statement on today’s monthly employment release by Statistics Canada, which showed Ontario added 6,700 jobs in February, primarily in full-time employment.
“Our government is continuing to deliver on our plan to build a stronger, more resilient economy in the face of uncertainty here at home and around the world. We’re rebuilding our economy by making historic investments in the roads and highways, hospitals, schools and other critical infrastructure we need to support growth. We’re keeping taxes low, cutting red tape, lowering the cost of doing business and creating the conditions to attract new investments and jobs. Last month, an Ontario delegation returned from a successful trade mission to India to promote our skilled workforce and competitive business climate. While in India, we welcomed a $4.7 million investment from Piramal Pharma Ltd. to modernize its facility in Aurora and an announcement from CSM Technologies about their plans to hire 150 highly-skilled tech workers for their new Toronto office.
“Our growing auto industry was also on full display at the Canadian International Auto Show last month. We’re rebuilding our auto industry, attracting over $28 billion in electric vehicle and battery investments over the past three years and are building a home-grown EV supply chain. During the show, we launched the new Advanced Charging and Vehicle-to-Grid (V2G) Stream, providing local businesses up to $1 million to develop advanced charging technologies. We’re going to keep working hard, everyday, to create opportunities for workers and businesses across key industries and to position Ontario as one of the best jurisdictions in the world for investment, growth, and job creation.”