Government consults the retail sector on keeping Ontario competitive

Archived Release

Government consults the retail sector on keeping Ontario competitive

TORONTO, Aug. 8 /CNW/ - The Ontario Government will seek input from the retail industry this summer as it continues its campaign to keep Ontario companies competitive in a global marketplace, Jim Flaherty, Minister of Enterprise, Opportunity and Innovation, announced today.
Dr. Doug Galt, Parliamentary Assistant to the Minister of Enterprise, Opportunity and Innovation, will hold a series of one-on-one and roundtable meetings with representatives from a number of retail firms, industry experts and associations across the province in an effort to identify the competitiveness challenges. The consultations with the retail industry follow similar discussions with the plastics sector that began last month.
"It is important to continue these consultations and understand the competitiveness challenges and opportunities facing our key sectors in a global marketplace," Flaherty said. "Like the plastics industry, the retail sector plays an important part in our continuing prosperity."
"The Retail Sector is a vital part of Ontario's economy," Dr. Galt said. "It supplies nearly 12 per cent of Ontario jobs, creates more than $100 billion in sales and is over five per cent of the provincial gross domestic product."
In the May 2002 Speech from the Throne, the government committed to seeking ideas for making Ontario more competitive and increasing productivity. The consultations will help ensure that Ontario remains a leader in Canada and a competitive force around the world.
Dr. Galt will submit his report on the retail industry to Minister Flaherty early in the New Year, including recommendations arising from the consultations.

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For further information, visit www.ontario-canada.com
For further information: Media contact: Al Hoffman, Executive Assistant to Dr. Galt, (416) 325-6390