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Budget, China Trade Mission Among Highlights of 2014

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Budget, China Trade Mission Among Highlights of 2014

Government Makes Significant Progress on Four-Part Plan to Build Ontario Up

Office of the Premier

The Ontario government made significant progress this year to build opportunity and security for the people of Ontario. During the summer, the government introduced the 2014 Budget, which laid out a plan to grow the economy and create jobs, while balancing the budget by 2017-18.

The Budget, which was passed in July, outlined the government's four-part plan to build Ontario up, including:

  • Investing in people's talents and skills
  • Building new public infrastructure, such as roads and transit
  • Creating a dynamic and supportive business environment
  • Building a secure pension plan.

Premier Kathleen Wynne and her team focused on initiatives to help the province prosper. Other highlights from 2014 include:

  • Premier Wynne's first international trade mission to China
  • Working with Québec to build economic opportunities in both provinces, including a joint meeting of cabinet ministers and agreements to work together to fight climate change and reinvigorate the Ontario-Québec Trade and Cooperation Agreement
  • Reviewing key provincial assets in order to maximize their value, and appointing the Premier's Advisory Council on Government Assets, which has delivered its initial report
  • Introducing landmark legislation that, if passed, would create a mandatory provincial pension plan, in order to help ensure that Ontarians can have a financially secure retirement.

In the new year, the government will continue taking action on its plan to create opportunity and security for the people of Ontario

Quick Facts

  • During its international trade mission to China, Ontario secured 11 investment projects valued at $966 million. These projects will create about 1,800 jobs in communities across the province, from Ottawa to Niagara Falls to Stouffville.
  • At the Québec-Ontario joint meeting of cabinet ministers held on November 21, the governments signed Memorandums of Understanding to address climate change, exchange electricity capacity and revitalize the Ontario-Québec Trade and Cooperation Agreement. This was the fourth joint meeting between the two provinces. Québec will host the fifth meeting in 2015.
  • The Premier’s Advisory Council on Government Assets is chaired by Ed Clark. The council released its initial recommendations on November 13, and will deliver its final recommendations in the spring of 2015. The Council’s recommendations will inform the development of the government’s 2015 Budget.
  • Since passing the 2014 Budget, the government has passed eight bills and introduced another 10, furthering its efforts to improve the quality of life for people across the province and increase the transparency and accountability of government.

Background Information

Additional Resources

Quotes

Kathleen Wynne

“Over the past year, our government has made tremendous progress on our efforts to build a better Ontario. We have the right plan for this province, and we are already delivering tangible solutions that help people in their everyday lives. I am so proud of everything we achieved in 2014, and I look forward to doing even more in 2015 to give people the opportunity and security they need and deserve.”

Kathleen Wynne

Premier of Ontario

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