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Tuesday, November 15, 2011

McGuinty Must Take Responsibility for Economic Failures

StarBuzz Weekly, Toronto-ORONTO — Ontario PC Economic Development and Innovation Critic Monte McNaughton criticized Dalton McGuinty today for continuing to ignore the mounting evidence that his economic policies are responsible for Ontario’s jobs crisis.



Today, the Task Force on Competitiveness, Productivity and Economic Progress – chaired by business leader Roger Martin – released a scathing annual report detailing Ontario’s poor economic performance under Dalton McGuinty. The report shows Ontario’s productivity and standard of living continue to lag behind our competitors – and the gap is getting worse. The report also criticizes Dalton McGuinty’s economic policies, calling on him to end the failed practice of picking winners and losers in the marketplace.
Despite these clear warning signs, Dalton McGuinty refuses to accept responsibility. What’s worse, he still has not brought forward a single new idea to create jobs since the election. McNaughton challenged Dalton McGuinty to answer the simple question: what is he doing today to create jobs?
QUOTES:
“Dalton McGuinty needs to start taking responsibility for his economic failures. If he won’t answer the tough questions, how about a simple one – what is he doing today to create jobs?”
--Monte McNaughton, Ontario PC Economic Development and Innovation Critic
“Global uncertainty didn’t raise our taxes and hydro bills. Ottawa isn’t responsible for over half a million provincial regulations. These are made in Ontario problems. These are Dalton McGuinty problems. And if he won’t act to fix them, we will. 
--Monte McNaughton, Ontario PC Economic Development and Innovation Critic
QUICK FACTS:
·       The Task Force on Competitiveness, Productivity and Economic Progress found that Ontario’s productivity continues to lag behind competing jurisdictions – and the gap continues to get worse.
·       Ontario ranks 15th out of 16 in GDP per capita among similar jurisdictions in North America.
·       Ontario lost 75,000 full-time jobs in October 2011. This also marks the 58th consecutive month that Ontario’s jobless rate has been above the national average.
CONTACT: Sarah McMaster | 416-325-8505 | sarah.mcmaster@pc.ola.org     

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