'Improve the business climate'

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The Tillsonburg District Chamber of Commerce is calling on local candidates in the provincial election to take action in order to improve Ontario’s business climate and foster economic growth.

On Thursday, May 15, the Ontario Chamber of Commerce, in partnership with the Tillsonburg District Chamber of Commerce, released Ontario Election 2014: Business Priorities, which among other recommendations, calls on all political parties to tackle Ontario’s growing debt, address out-of-control electricity prices, and invest in critical infrastructure.

“This provincial election comes at a critical time for the province,” said Marcel Rosehart, President of the Board, Tillsonburg District Chamber of Commerce, in a media release. “Our economy is recovering, but growth is sluggish. More than ever, government has to ensure it is doing everything in its power to encourage investment and job creation in the province.”

The Ontario Chamber of Commerce’s Ontario Election 2014: Business Priorities outlines the major challenges inhibiting the province’s economic success and provides recommendations to Ontario’s political parties.

Among its key recommendations, Ontario Election 2014: Business Priorities calls on all political parties to create a better business climate by: limiting increases in the price of electricity and reconsidering new programs that would increase the financial burden on businesses (eg. Ontario Retirement Pension Plan); tackling the debt and deficit by restraining broader public sector compensation and by partnering with the private and not-for-profit sectors in the delivery of certain public services; and investing in critical infrastructure, including transit and transportation infrastructure in the Greater Toronto and Hamilton Area and all-season transportation infrastructure in the Ring of Fire.

“Improving the business climate is good for everyone: it will encourage investment in the province, create jobs, and improve our prosperity,” said Allan O’Dette, President & CEO of the Ontario Chamber of Commerce in the media release.. “All parties must be prepared to take the bold actions necessary to secure a successful future for Ontario.”

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