Ontario government begins competitiveness consultations

Archived Release

Ontario government begins competitiveness consultations

TORONTO, June 11 /CNW/ - Economic Development and Trade Minister Bob Runciman announced today that the Ontario Government would seek the counsel of several key business sectors over the summer to discover ways to break down barriers to business and keep our industries competitive in a global marketplace.
Ministry of Economic Development and Trade Parliamentary Assistant Ted Chudleigh, MPP for Halton, will hold a series of face-to-face roundtable meetings with representatives from a number of Ontario business and industrial sectors in an effort to identify the competitiveness challenges across the province.
Discussions will begin with the Chemicals industry and then move to the Industrial, Commercial and Institutional Construction industry. Chudleigh will also talk to experts in early-stage equity financing about the issue of access to risk capital for emerging high-growth firms, an issue that is crucial for the success of these firms.
"It is vital that our industries are able to compete globally on a level playing field," Chudleigh said. "These consultations will help determine our strengths and weaknesses and the opportunities and threats to key business sectors in Ontario."
The competitiveness consultations are consistent with Step 1 of the Government's 21 Steps to take Ontario into the 21st Century announced in April's Speech from the Throne. Step 1 includes ensuring the removal of barriers to jobs, investment and growth so that Ontario will remain competitive with the world.
Chudleigh will hold consultations over the summer and submit a report in the fall to Minister Runciman.
For further information: Media Contact: Lara Coombs, P.A. Chudleigh's Office, (416) 325-8679