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Statement on Ontario's Panel on Economic Growth and Prosperity from the Minister of Economic Development, Employment and Infrastructure

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Statement on Ontario's Panel on Economic Growth and Prosperity from the Minister of Economic Development, Employment and Infrastructure

Today Brad Duguid, Minister of Economic Development, Employment and Infrastructure, released the following statement on Ontario's Panel on Economic Growth and Prosperity:

"I am delighted to congratulate Tiff Macklem, Dean of the Rotman School of Management, on becoming the new chair of Ontario's Panel on Economic Growth and Prosperity. I would also like to extend my thanks to the new members of the panel, which include some of Ontario's top senior executives and thought leaders from industry and academia.

The Panel on Economic Growth and Prosperity is an arms-length, independent body that reports directly to the public. Its purpose is to measure and monitor Ontario's productivity, competitiveness and economic progress, reporting its findings on a regular basis. The panel was formerly called the Task Force on Competitiveness, Productivity and Economic Progress. It was established in 2001 by Roger Martin, former Dean of the Rotman School of Management and current Director of the Martin Prosperity Institute at the Rotman School of Management.

Under Tiff's leadership, the panel will focus on improving Ontario's innovation, productivity and competitiveness to position the province as a global economic leader.

We are pleased that our Business Growth Initiative addresses the panel's recent recommendations on disruptive technologies and scaling up. This $400-million initiative is helping to grow the economy and create jobs by promoting an innovation-based economy, helping small companies scale-up and modernizing regulations for businesses.

I want to thank chair Tiff Macklem, past chair Roger Martin, as well as all past and present members for their valuable work monitoring and reporting on Ontario's economy. We look forward to reviewing the panel's future research as we continue to build an innovation-based economy that supports globally competitive businesses and helps create high-value jobs." 

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