This is how Tim Hudak plans to create a million jobs in Ontario
Plan includes cuts to corporate and personal taxes, and eliminating restrictions on skilled trade certifications.
Ontario Power Generation
TORONTO — Ontario’s Progressive Conservative Leader Tim Hudak has promised he will create 1,000,000 jobs over eight years if he wins the June 12 election. More than 520,000 jobs would be created anyway if the government simply continued the policies of the last decade.
Here’s how he plans to do it:
- Balance the $12.5-billion budget by 2016-2017, which help create 43,184 jobs.
- Abolish the College of Trades and eliminate restrictions on the skilled trades, which would help create 170,240 jobs over four years.
- Reduce corporate taxes to 8% – down from the current 11.5% – which would create 119,808 jobs over eight years.
- Reduce personal income tax by 10% after the budget is balanced in 2016-2017, which would create 47,080 jobs.
- Put the province in charge of all rail-based transit and major highways in the Greater Toronto Area; establish a new east-west express line connecting Etobicoke to Scarborough, through Toronto’s downtown. Expand major highways and GO. This would create 96,000 jobs.
- Lower energy prices by cutting the bureaucracy at Hydro One and Ontario Power Generation; end subsidies for wind and solar power and reduce the number of provincial electricity agencies. This will help create 40,384 jobs.
- Cut regulations on business, which would create 84,800 jobs.
- Developing the Ring of Fire, which would create 4,400 jobs.
© 2014 The Canadian Press