This was the advice federal finance minister and Ontario MP Jim Flaherty had for businesses last month, after his budget:
Federal Finance Minister Jim Flaherty launched a post-budget blitz Friday by lecturing provinces on the need to lower taxes and taking a swipe at Premier Dalton McGuinty for making Ontario "the last place" in Canada to start a business.
...
"It discourages investment in the province of Ontario," he said. "If you're going to make a new business investment in Canada, and you're concerned about taxes, the last place you will go is the province of Ontario."
With the latest job creation numbers out yesterday though, it appears that business owners didn't heed Jim Flaherty's advice not to invest in Ontario:
Some 20,000 of those factory jobs disappeared in Ontario. Still, Canada's biggest province added a net 46,000 positions in February, as builders, business-support providers and public administration more than offset the loss.Maybe that's why Jim seems to have changed his tune:
Federal Finance Minister Jim Flaherty said in London, Ont., that he was particularly pleased with the jobs growth in Ontario.
“This is a good development. We have economic growth in all regions of the country and people are able to adjust to get new jobs,” Mr. Flaherty said.
At least he's not bitter that business leaders didn't listen to him and invested and created jobs anyways. Thank god no one takes Jim Flaherty seriously. Recommend this Post on Progressive Bloggers
2 comments:
Some 20,000 of those factory jobs disappeared in Ontario. Still, Canada's biggest province added a net 46,000 positions in February, as builders, business-support providers and public administration more than offset the loss.
I'm pleased to annouce that we have replace high paying, manufacturing jobs with low paying administrative support and "public adminsistration" jobs. Hooray! Where should we hold the parade?
The loss of manufacturing jobs in Canada is inevitable, there is no use crying over it.
Post a Comment