The Ontario Chamber of Commerce has released its 2018 election platform, making 18 recommendations intended to bolster the province’s long-term economic outlook.
“The upcoming provincial election provides our business community with an opportunity to ensure that our businesses are being heard by our future elected officials,” said de Silva. “Vote Prosperity provides political parties with tangible solutions to address the challenges businesses are currently facing and to ensure that Ontario is building a prosperous economy that supports local business in our community and across the province.”
Over the next 12 weeks, the Ontario Chamber will be advocating around four fundamental pillars to support a strong economy in Ontario: strengthening business competitiveness, fostering job creation, building healthy communities and improving government accountability.
“We are calling on all political leaders to read Vote Prosperity and consider our recommendations as we aim to make Ontario the best place to start and grow a business,” said Rocco Rossi, president and CEO, Ontario Chamber of Commerce. “It’s simple: when you choose prosperity, Ontario wins.”
The OCC released Vote Prosperity in October 2017, ahead of the development of platforms for most of the major political parties’. Some of the recommendations from Vote Prosperity include:
- Allow Ontario businesses to purchase surplus electricity at rates equal to or better than the exported price to other jurisdictions;
- Allocate resources to focus support on high growth firms and those with high growth potential, by delaying taxation on corporate income growth to overcome Ontario’s scale-up challenge;
- Focus on strategic growth policies by ensuring that land use planning and development regulations are aligned, to increase density and create more housing stock;
- Create a meaningful plan to tackle the debt and move towards balanced or surplus budgets.