Premier Wynne Meets with Governor of Massachusetts to Advance Trade and Innovation
On the final day of her U.S. tour, Premier Kathleen Wynne released the following statement after finishing a productive meeting with Massachusetts Governor Charlie Baker in Boston.
"Today, Governor Baker and I met to discuss new trade opportunities and share ideas on developing innovative, knowledge-based economies.
Ontario and Massachusetts have much in common -- both regions are innovation hubs, particularly for the ICT and financial industries, and both regions are home to world-class research institutions. Working together on research and innovation is a natural fit, and it will benefit both regions by generating economic growth and creating high-value jobs.
Ontario's strong entrepreneurial system, leadership in innovation and competitive business environment make our province the ideal place to kick-start new ideas. Each year, more than $14 billion is spent on research and development in Ontario, and more than 100,000 businesses and university-based researchers work on projects ranging from life-saving vaccines to next-generation wireless devices.
Trade between Ontario and Massachusetts is steadily increasing and has almost doubled since 2009 -- in 2015, two-way trade between our two jurisdictions was valued at more than $5.3 billion -- but there is still much more we can do to foster new trade opportunities.My meeting with Governor Baker helped to lay the foundation for future partnerships and increased trade opportunities, which will strengthen our economies and create jobs in both Ontario and Massachusetts."