Ontario Chamber urges investments in skills, infrastructure and building healthy communities
The Ontario Chamber of Commerce points to inflation, infrastructure backlogs, regulatory barriers, skills gaps, and general fears of a slowing economy as being threats to Ontario’s economic prosperity.
In a nutshell, that’s in the chamber’s submission to the provincial government for its upcoming budget on March 26. The chamber is calling on the province to “close Ontario’s productivity gap through a principled growth strategy to address these challenges.” “In 2024 and beyond, productivity must be Ontario’s priority,” said Daniel Tisch, chamber president-CEO in a news release.
“Capital will flow where productive capacity is highest, and we want it to flow to Ontario. That’s why the budget must focus on policies that support immediate growth while investing in an educated workforce, long-term infrastructure, and healthy, sustainable communities.”The chamber said its submission’s were developed with consultation from business, unions, post=secondary institutions, non-profits, industry groups and 150 chamber of commerce and boards of trade.
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