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Jobs, Investment Top Premier's Agenda In Japan

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Jobs, Investment Top Premier's Agenda In Japan

Successful Visit Builds Opportunity For Ontario Families

Office of the Premier

A three-day visit to Japan established important links for increased trade and investment that will build opportunity for Ontario businesses and families, Premier Dalton McGuinty said today.

"There's tremendous potential for Ontario to develop partnerships in Japan that will bring opportunities and high-quality jobs to our province," said Premier McGuinty. "By expanding our trade horizons and making sure Ontario can compete in the global economy, we're creating opportunity so our people can find success."

During his visit, Premier McGuinty officially opened Ontario's International Marketing Centre at the Canadian Embassy in Tokyo. He also addressed the Canadian Chamber of Commerce and Keidanren -- the Japanese Business Federation.

Economic Development and Trade Minister Joseph Cordiano accompanied Premier McGuinty to Japan. Premier McGuinty and Minister Cordiano met with representatives from Toyota, Honda, Nissan, Mitsui and Hino Motors to highlight Ontario's progress in building North America's most highly skilled workforce.

Ontario and Japan already have a strong trading and investment relationship.

Two-way trade in goods between Ontario and Japan rose to $9.6 billion last year from $8.3 billion in 2004.

"If we can build new partnerships with Japan and help Ontario companies expand into this crucial market, we can build on our already strong two-way trade relationship," said Cordiano. "Our visit may be over, but we are beginning a very exciting economic journey."

Building partnerships with investors from around the world is just one way the McGuinty government is working on the side of businesses and families to strengthen Ontario's economy.

Other initiatives include:

  • Encouraging strong job creation, with almost 288,000 net new jobs since taking office
  • Helping to generate almost $7 billion in automotive investments that retain and create thousands of high-value jobs
  • Launching a $500-million Advanced Manufacturing Investment Strategy to help manufacturers develop cutting-edge technologies
  • Investing $6.2 billion in our universities, colleges, student financial assistance and training programs.

"In the 21st century, the best jobs will go to the places with the most highly skilled workers," said Premier McGuinty. "We're making sure that Ontario remains the place to be by investing in our greatest asset -- our people."



Business and Economy