News From Queen's
Park
2014 Ontario budget moves forward
This week the government moved forward with the 2014 budget, which includes a
10-year plan for the economy focused on investing in the people, building
modern infrastructure, and supporting a dynamic and innovative business
climate. These actions will build opportunity and security, and put the
province's businesses and people in a position to create new jobs today. The
government will continue to manage growth in spending and will balance the
budget by 2017-18, while making strategic investments in key public services
and to help grow the economy. Highlights of the plan include:
Jobs
Despite a challenging global economic environment, the economy continues to grow and create jobs, providing Ontarians with opportunities today and to move into new careers and higher-paying jobs. The next steps in the 10-year economic plan to attract investment and create high-quality jobs:
Jobs
Despite a challenging global economic environment, the economy continues to grow and create jobs, providing Ontarians with opportunities today and to move into new careers and higher-paying jobs. The next steps in the 10-year economic plan to attract investment and create high-quality jobs:
- a $2.5 billion Jobs and
Prosperity Fund investing in innovation, productivity and dynamic sectors
- helping businesses manage
energy costs
- a more competitive tax system
and less red tape
- supporting quality local jobs
and vital small business
- expanding exports to global
markets
Learn more about
jobs and economy
Transportation and Infrastructure
Ontario’s investments have helped make the Province one of the best places in the world to live, work and invest. Since 2003, Ontario has invested nearly $100 billion in hospitals, schools and transportation infrastructure, supporting an average of 100,000 jobs each year in construction and related industries.
The Province’s projected population growth will result in significant demand for all types of infrastructure. To meet this challenge, the 10-year plan proposes over $130 billion in infrastructure investments to create jobs now, spur productivity and help the Province grow and prosper, including:
Transportation and Infrastructure
Ontario’s investments have helped make the Province one of the best places in the world to live, work and invest. Since 2003, Ontario has invested nearly $100 billion in hospitals, schools and transportation infrastructure, supporting an average of 100,000 jobs each year in construction and related industries.
The Province’s projected population growth will result in significant demand for all types of infrastructure. To meet this challenge, the 10-year plan proposes over $130 billion in infrastructure investments to create jobs now, spur productivity and help the Province grow and prosper, including:
- Greater toronto and Hamilton
Area (GTHA) - improvements to GO Transit rail service and public transit
investments to address congestion, support economic development and
improve mobility throughout the region.
- Outside the GTHA - investments
in roads, bridges, transit and other essential infrastructure across the
province, identified in partnership with Ontario regions and communities.
Learn more about
moving Ontario forward
Ontario Pension Plan
Studies have shown that Canadians, especially those in the middle class, are not saving enough and need more money for their retirement. To help Ontarians be more secure in their retirement, the government is proposing a new mandatory provincial pension plan — the Ontario Retirement Pension Plan — that would be cost-effective, responsible and help Ontario workers build a more secure retirement future.The plan would build on the Canada Pension Plan (CPP), and expand pension coverage initially to more than three million working Ontarians who currently rely on the CPP, Old Age Security and their own savings for retirement income.
The new Ontario Pension Plan would:
Ontario Pension Plan
Studies have shown that Canadians, especially those in the middle class, are not saving enough and need more money for their retirement. To help Ontarians be more secure in their retirement, the government is proposing a new mandatory provincial pension plan — the Ontario Retirement Pension Plan — that would be cost-effective, responsible and help Ontario workers build a more secure retirement future.The plan would build on the Canada Pension Plan (CPP), and expand pension coverage initially to more than three million working Ontarians who currently rely on the CPP, Old Age Security and their own savings for retirement income.
The new Ontario Pension Plan would:
- expand pension coverage
initially to more than three million working Ontarians
- build on the key features of
the Canada Pension Plan
- target those most at risk of
under-saving, particularly middle-income earners.
- be introduced in 2017, with
enrollment employers and employees occurring in stages, beginning with the
largest employers, and contributions being phased in over two years.
We're Moving! New
Location September 1, 2014
Our constituency office will be moving to a new location.
Starting September 1, 2014, you can find us at:
120 Carlton St.,
Unit # 318Toronto, Ontario
M5A 4K2
Tel: 416-972-7683
Fax: 416-972-7686
Email: gmurray.mpp.co@liberal.ola.org
Web: www.glenmurray.onmpp.ca
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