Building a Stronger, More Inclusive Economy in Eastern Ontario
Minister Sousa Addresses Ottawa Business Community, Receives Input to Help Shape 2017 Budget
Charles Sousa, Minister of Finance, spoke today at the Economic Club of Canada in Ottawa about the government's plan to grow the economy, create jobs and help more people benefit from the province's strong economic growth.
The Minister met with business leaders from the Ottawa area to discuss how the government is implementing its plan to balance the budget next year and the year after. Minister Sousa outlined the strategic investments the province has made - and continues to make - to build a stronger, more inclusive economy in Eastern Ontario.
The Minister also hosted a pre-budget consultation today at the Delta Ottawa City Centre in Ottawa as part of a provincewide engagement process for the 2017 Budget.
For the third year in a row, people across Ontario were also able to submit ideas through Budget Talks, an online consultation tool. The government will provide $3 million to fund up to eight proposals as part of the 2017 Budget, making Ontario the first province to commit to funding ideas from the public as part of its budget process.
Supporting business communities and engaging the people of Ontario in the budget process are part of the government's plan to create jobs, grow the economy and help people in their everyday lives.
- Ontario is investing more than $1 billion in support of stage two of the Ottawa LRT, including about 30 kilometres of new light rail service and 19 new stations, with a spur to the airport.
- The Governments of Ontario and Canada are each investing up to $47.5 million to expand Highway 417 from six to eight lanes for three kilometres, between Maitland Avenue and Island Park Drive in Ottawa and includes the rehabilitation and expansion of the Merivale Road Bridge.
- Ontario is investing $11.2 million in new interdisciplinary creativity incubators at La Cité Collégiale that will provide more research and development opportunities for Ottawa students.
- The submission phase for Budget Talks is now closed, with more than 400 proposals submitted by the public.
- This year’s pre-budget consultations are taking place in cities across Ontario, including Ottawa, Thunder Bay, Mississauga, Hamilton, London and Windsor.
- General feedback for the 2017 Budget can be sent via mail, email or fax (416-325-0969) to the Ministry of Finance is due by January 31, 2017.
“Ontario is committed to supporting our communities through strategic investments that will lead to economic growth and prosperity. We believe it’s important for the government to hear directly from people about their priorities and understand what investments they want to see in their communities.”
“I’m pleased that our government is listening to the people of Ottawa on their ideas to help shape Ontario’s 2017 Budget. Pre-budget consultations are an important part of building a budget that reflects the interests and priorities of people from across the province.”