Ontario Fostering Economic Growth with Thousands of New Jobs
KING-VAUGHAN — Vic Fedeli, Minister of Economic Development, Job Creation and Trade, issued the following statement on today’s monthly employment release by Statistics Canada showing jobs in Ontario increased by 55,800 in June 2023.
“Ontario is once again leading the nation in job creation with more than 700,000 jobs created across the province since June 2018. All job gains last month were full-time employment.
Our government continues to promote Ontario as the top destination for investment, and companies are taking notice, with 93 per cent of the nation’s job growth taking place in our province. From strengthening current relationships and forging new partnerships to cutting red tape and training the next generation of world-class workers, we’re working across our government to attract new investments that will create more, good-paying jobs for workers and families.
Over the last two-and-a-half years, Ontario has attracted over $25 billion in auto and electric vehicle (EV) battery-related investments. This includes a $102.3 million investment by Mitsui High-tec (Canada), Inc., creating 104 new jobs in Brantford. Earlier this week, Canada and Ontario agreed to a new auto pact to help build a stronger auto sector. This joint support for EV and battery projects will secure projects by Stellantis-LG Energy Solutions and Volkswagen Group and its subsidiary PowerCo SE that will create thousands of good-paying jobs.
Our government is taking a regional approach to strengthening Ontario’s manufacturing sector through our $140 million Regional Development Program. The program has supported a number of projects, including a recent $645,000 investment by Airbus Helicopters Canada in Fort Erie to secure new equipment and technology, a $39.9 million investment by Numesh to expand their operations to Brantford and Brant County, a $3.5 million investment by Shimco North America in Cambridge to double manufacturing capacity, and a $4.5 million investment by Veritas Tools in Ottawa to meet growing global demand. Together, these four projects will create nearly 150 new jobs for people across the province.
No matter what the future may hold, our province will be ready with our plan to build a strong economy and a strong Ontario.”
“Ontario is once again leading the nation in job creation with more than 700,000 jobs created across the province since June 2018. We will continue to take action to create the conditions for economic growth by lowering taxes, cutting red tape, and investing in critical infrastructure to get people and product moving to market.”
- Stephen Lecce
MPP for King-Vaughan