The Ontario government is creating good jobs throughout the province by opening Ontario for business, reducing the deficit and cutting red tape.
Statistics Canada announced this morning that employment in Ontario increased by 47,100 in April. The gains included 10,100 full-time positions and 37,000 part-time jobs.
With its open for jobs agenda, the government has made job growth a top priority. In the 2019 Ontario Budget, released last month, the government introduced a comprehensive and sustainable plan that sets out a five-year path to a balanced budget and to bring investment to the province.
Businesses are investing in Ontario, expanding job opportunities in the province and growing the economy. This progress is reflected in the Budget, which forecasts a deficit of $11.7 billion in 2018-19 - a $3.3 billion improvement from the $15-billion deficit identified by the Independent Financial Commission of Inquiry.
- Employment growth occurred in many regions across the province. Year-over-year increases include: Kingston-Pembroke (7.8 per cent), Kitchener-Waterloo-Barrie (5.6 per cent) and Northeast Ontario (4.5 per cent).
- Since June 2018, employment rose by 170,300.
- The government is committed to cutting red tape and reducing burdens to help lower the costs of doing business and support economic growth throughout Ontario. Ontario's Open for Business Action Plan has set two targets for 2020 to help businesses keep, grow and create good jobs: to save Ontario companies at least $400 million per year in the cost of complying with regulations and to reduce the number of regulatory requirements affecting businesses by at least 25 per cent.