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Let me tell you a bit more about our plan and why we are so proud of our plan and so sure that it's the right plan for our time. It's about ensuring that Ontario is competitive, not just for purposes of meeting our immediate needs today but for purposes of securing a bright future for our children tomorrow. We want to have in place the economic strength to ensure that we can continue to fund their schools, their health care, their Environmental protections and their jobs. That's what this package of tax reforms is all about. It represents about $4.5 billion in cuts for businesses and $10 billion in cuts for people. It's about ensuring that we take all the necessary steps today to strengthen our families, to strengthen our economy, to make sure that we have up to 600,000 more jobs.
In addition to working very hard on creating those 600,000 new jobs over the course of the next 10 years through our package of tax reforms, we just passed our cap-and-trade legislation. I'm very proud of the work done by my Minister of the Environment, John Gerretsen, in this regard-and Ontarians should know it was passed unanimously. That bill is all about we the people of Ontario, privileged global citizens, assuming our responsibility in the face of a global challenge: climate change.
We've also passed our student achievement legislation, which is all about ensuring that all our school boards everywhere, right across the province of Ontario, have student achievement, student growth and progress at the heart of their responsibilities.
We also won the Pan Am Games-and we're proud to have the support of the Conservatives on this particular package-creating all kinds of infrastructure and amateur sporting opportunities for our kids.
TAXATIONToday, what we are going to do is ensure that we maintain the economic capacity in the province of Ontario to continue to fund good schools for our children and their children, to continue to fund good health care for our children and their families, to continue to fund good and strong Environmental supports for our children and their families.
What I'm saying is, this is not an easy thing for us to do, but we have always, as a society, built good schools to serve all of us, built good health care to serve all of us and built a strong economy that delivers good jobs for all of us. This is about all of us. My friend opposite believes it's just about the individuals; it's about the individuals doing something together for all of us, a stronger economy and a brighter future.
Today, what we are going to do is ensure that we maintain the economic capacity in the province of Ontario to continue to fund good schools for our children and their children, to continue to fund good health care for our children and their families, to continue to fund good and strong Environmental supports for our children and their families.
What I'm saying is, this is not an easy thing for us to do, but we have always, as a society, built good schools to serve all of us, built good health care to serve all of us and built a strong economy that delivers good jobs for all of us. This is about all of us. My friend opposite believes it's just about the individuals; it's about the individuals doing something together for all of us, a stronger economy and a brighter future.
The fact of the matter is, we have more schools and more hospitals, we have more doctors, we have more nurses, we have more teachers and we have shorter wait times. We have more MRIs. We have higher test scores. We have higher graduation rates. We have more land than ever before protected and set aside for future generations to enjoy this wonderful, natural Environment that we have in the province of Ontario.
Unlike my friend opposite, I remain very optimistic about the future of the province and have every continuing confidence in the people of Ontario to rise to whatever challenge that they might-
So why is it that once governments put this in place, they don't take it away? They do that because it serves the public interest. It serves to strengthen our economy. It serves to ensure that we have the resources to support our schools, to support our hospitals and to support our Environmental protections. But most importantly to our families, it puts in place the opportunity for us to create more jobs, which is the single greatest concern for our families today-
If we're going to continue to have the financial wherewithal to support the quality of life we enjoy here in Ontario, and particularly the public services that sustain that quality of life-our health care, our education, protections for the Environment and so on and so forth-then we must have a strong economy. And the single, most important thing that we can do to strengthen that economy is to move ahead with a harmonized sales tax.
I had the really good fortune to meet with a legend: Dr. Lovelock, a British scientist. He's 90 years of age; he remains as active as ever. He developed the so-called Gaia theory, which I have known about for quite some time. The point is this: He's an acclaimed Environmentalist, and he thinks that we need to build nuclear. He thinks that we've got to make some difficult choices.
I appreciate the position that my colleague has taken on this, but the fact is that there's a division among Environmentalists as to what we need to do in the face of climate change, arguably the single greatest challenge confronting humanity. One of the things that we have decided to do is to shut down coal-fired generation in the province of Ontario.
We need to maintain baseload. The wind doesn't always blow and the sun doesn't always shine. We've got to find a way to ensure we have baseload capacity. That's why we're looking at new nuclear.
USE OF QUESTION PERIODI'm not sure whether he's telling me that we should not have participated in this venture with Starz Animation here in Toronto or whether he feels that somehow we've cut off others. The fact is we have a great program: It's the Next Generation of Jobs Fund. It's open to applications from companies around the province. This was a successful application. It resulted in some 265 jobs. We think that's worthy of celebration. We think it's a good foundation on which to continue to build, and we want to use that to encourage more businesses to apply to our fund, so we can find more partnerships.
CORRECTIONAL SERVICESSo I welcome this debate. I believe it is just beginning. My friends opposite say that we should freeze, that we should do nothing, that we should wait for this recession to roll by, that everything will come back to the way it was. We don't believe that. We think the times call for leadership. It's not an easy thing to do. Ontarians know what we want to do for them, and we'll keep doing it.
PENSION PLANSOur best advice that we're getting tells us that we can expect prices to go up about 1% a year, but one of the ways that we're going to keep overall costs down is to do as much as we can to drive energy conservation and create more and more opportunities for both businesses and homeowners to use less electricity, to use their existing electricity in a more efficient manner. That's the approach that we want to bring. I think Ontarians want us to do that. They want us to find a way to generate electricity that is cleaner and less harmful to the Environment but at the same time puts as little cost pressure on them as possible.
We will be moving ahead. We will continue to find ways to strengthen this economy, to build both a more competitive and a more caring Ontario.
TAXATIONWe're proud of the record that we also have when it comes to dealing with rents and, in fact, how little they've gone up relative to cost of living in so many other different areas.
We want to work well and hard with Ontario businesses to help them find savings. That's what conservation is all about. We have a number of programs in place to help incent the kinds of investments that will produce those savings which help make those businesses more competitive, so that they have more profit, so that they can hire more Ontarians.
EnvironmentAL PROTECTIONWhat I think Ontarians want to know is that we understand that it's not about right or left; it's about moving forward. This budget is designed to move our province forward and it's designed to do that in a way that is in keeping with our fundamental values. We want a more competitive province and we want a more caring province at the same time. We want a stronger economy so that it generates the jobs and creates the wealth that enables us to support good schools for our kids, good health care for all our families and strong Environmental protections for all of us. Those are the kinds of values that have informed this budget and that have always informed our government policies.
TAXATIONI know that families want us to find a way together to make the necessary investments to shore up the foundation, so to speak, to invest in our economy so that it continues to generate the jobs and create the wealth to do what we really all want to do in this House, which is to provide better support for our schools, our health care, our most vulnerable people in Ontario and, at the same time, do what we can to ensure we have Environmental protections in place.
But I'm still not sure where the opposition wants to go, because on some days in the House they're asking us to spend more on not unimportant matters, and other times they're telling us that we ought to be making dramatic cuts. Recently, Mr. Hudak said that we've overspent by $17 billion.
I get the sense that, were they in government, what they'd want us to do and what they would be doing would be making dramatic cuts to our health care, to our education, to our Environmental protections-supports for our most vulnerable. We're not prepared to do that. I understand there is a stark contrast in approaches; I accept that. We will continue to stand up for families, good-quality public services and a strong economy
TAXATIONMy question, Minister: What actions is the government taking to act on this advice?
Fortunately, working together with Ontarians, we have eliminated that deficit. We have had a number of years of solid economic growth. We have fixed the roof while the sun was shining. Today Ontarians have better schools, better health care, better Environmental protections, better supports for our most vulnerable and a stronger economic foundation.
But now we need to do more. I'm in full agreement with that: We need to do more to protect our families from this storm and to strengthen the foundation of the economy so it will support public services going into the future.
TAXATIONI wish I would hear just a few more ideas from the leader of the NDP when it comes to suggestions as to what we might do to strengthen our economy, to strengthen the competitiveness of Ontario businesses so they can hire more people and create more wealth to support our public services.
SEVERANCE PAYMENTSThe other part of the story they don't like to talk about is the corresponding cuts to health care, cuts to education, cuts to Environmental protections, and cuts to support for our most vulnerable Ontario families. We've seen that movie before; we don't want a rerun.
We will continue to move forward with a thoughtful, balanced, comprehensive, progressive approach. We'll find a way to support the economy and support our families at the same time.
CHILD CAREI think our shared responsibility at this point in our history is to do two things in particular. One of those is to lend what support we might to families who are being hurt by this recession. At the same time, and just as importantly, we have to begin to build a stronger foundation for a new economy, one that will speak to the aspirations we have for our children and our grandchildren. For the past five years, we have significantly invested in and revitalized our public services. We have better schools, better health care and better protections for our Environment. At the same time, we are building infrastructure in this province like never before. We have a stronger workforce than we've ever had before. We've done more to support innovation and build an innovation culture than ever before. That is a very strong foundation on which we intend to continue building.
First of all, we've been asked by international organizations like the G20 and the International Monetary Fund, and the Prime Minister himself, to do what we can to stimulate our economy. We will have to borrow money to stimulate the economy in that particular way, more so than we've been doing already. At the same time, we are going to protect the gains we have made in our schools, in our hospitals and in our protections for the Environment.
Finally, in addition to helping people today who need help, through our immediate stimulus package we want to begin to build a solid foundation for a future economy at the same time. All of those cost money. We have no choice but to do those things at this point in our history.
We're talking about a number of business communities. Here's what the Canadian Manufacturers and Exporters have to say: We support "the intent of the Green Energy Act to create opportunities for manufacturers and exporters and improve the Environment. We recognize the opportunities that this legislation may present for many manufacturers to develop and commercialize new, more efficient products."
We're talking about jobs, economic growth, and at the same time, we're talking about clean and green electricity.
RENEWABLE ENERGY ANDDuring the course of the past five years, not only have we revitalized our public services, restored confidence in our schools, in our health care, in our ability to protect ourselves by looking after the Environment and things like meat and water inspection, we have also invested heavily in the growth of our economy by investing in innovation, in infrastructure, and cutting business taxes, by investing in partnerships with our businesses. Those are the kinds of things we've done during the course of the past five years. That's a good record. I think it's a solid record, and it positions us to withstand the present economic challenges that we're going through together.
We're going to work with our municipal partners to make sure that we get a provincial standard right. What I am saying is, you can't say no to a wind turbine because you don't like the look of the darned things. We're going to find a way-
I would be surprised-and I've already chatted with the minister about this-if there weren't one or more amendments we need to make in order to further improve the quality of the bill itself.
I must also say, time is of the essence. This economy is struggling. We want to create 50,000 new, clean, green jobs. We want to get our hands on clean electricity. We want to do more to fight climate change. So we're moving ahead, but we'll respect the process.
I want to remind my colleagues that many of the important elements found in our new Green Energy Act were found in their own platform in the 2007 campaign.
This is a very important piece of public policy; we agree on that. We think that time is of the essence. We need to get going with this. We need to do more to get clean electricity. We need to do more in the fight against climate change. We need to do more to create jobs for Ontario families.
We will respect the process and we'll move forward at the same time.
CHILD PROTECTIONCommissioner Goudge reports that families who have lost children in First Nations communities never heard from the coroners about the cause of the children's deaths or the location of their children's remains, an issue that the Coroner's Act is trying to address.
Will your government commit to further changes to the legislation to ensure that the advocate for children and youth has access to the information he needs on the deaths of children in northern Ontario and in First Nations communities?
One of the things we've already done, for example, to welcome new investment has to do with our public transit projects. We had in place an Environmental assessment process that sometimes took from 12 to 18 months. We have now put a cap on that. We said that those Environmental assessments can take no longer than six months.
We're now looking to see where we might expand that further. When we do, we'll of course be looking for support from colleagues on the other side of the House.
There are other ideas as well, and we're open to suggestions on the part of the opposition with respect to this. But the point I'm making to Ontarians is that, just as we have to enhance the quality of our workforce and the competitiveness of our businesses, we also have to understand that government itself has a role to play in acting in a more competitive, friendly and open manner when it comes to investment.
My friend says, though, that those are not a worthy investment, and I disagree strongly. Not only will those result in jobs-5,000 jobs alone for those projects-they will also speak to a cleaner Environment and a greater quality of life for our families who rely on our GO Transit service. That's 5,000 jobs as a result of one announcement just made yesterday, to say nothing of the others that we made before that and the others we will continue to make, in some cases in concert with the federal government.
I know my honourable colleague well understands that to get a new infrastructure project going often requires extensive planning, followed by an Environmental assessment, followed by other processes along the way, and that can mean it takes a long time. But fortunately, years ago, we put in place these kinds of projects. They're taking effect right now; people are working right now.
In this very year, this fiscal year 2007-08, our government is investing $9.9 billion in infrastructure. In the transportation sector, it's $4.1 billion; in health, it's $925 million; education, $1.8 billion; the Environment, $390 million; municipal, $1.8 billion; justice, $250 million; and in other areas combined it's $720 million, for a total of $9.9 billion. On a per capita basis, I'm not aware of any other jurisdiction in North America that's putting that much money into their infrastructure. It's good for our economy and it's good for jobs.
ARTS AND CULTURAL FUNDINGHaving said that, we have made it no secret whatsoever that we are absolutely committed to moving ahead with public transit in the city of Ottawa. We think it's important not just for our economy and not just for the Environment but for the quality of life of the people who are living there.
I have also said that I don't believe the $200 million will be adequate in the long term as we work together to develop a long-term vision and nail down a solid plan as we move forward.
So, again, we're delighted there's a plan in place, delighted to finally receive that. We will now carefully consider that and look forward to moving forward together even beyond that.
ONTARIO SECURITIES COMMISSIONMy colleague was right then, and it speaks to the importance of us-that while we take the necessary steps here at home to manage our finances, we also continue to reach out as aggressively as we possibly can. I'm off to China shortly. I'll be spending two weeks there. I'll be joined by four other Canadian Premiers when I'm abroad; I'll be accompanied by a couple of dozen Environmental technology businesses from Ontario. China is looking for solutions to its pollution problems. We've got those solutions; we're going to sell those solutions to them and create jobs here.
POVERTYThe fact of the matter is that the Premier-I know that my minister would acknowledge this-can sometimes get meetings with higher-level officials than can the minister. The Premier can sometimes open a few more doors for a business that is accompanying him or her than can the minister.
I think there is tremendous value in myself as well as four other Canadian Premiers travelling together to China, and in our case it's all about exploiting opportunities for businesses with Environmental technologies.
My colleague was right then, and it speaks to the importance of us-that while we take the necessary steps here at home to manage our finances, we also continue to reach out as aggressively as we possibly can. I'm off to China shortly. I'll be spending two weeks there. I'll be joined by four other Canadian Premiers when I'm abroad; I'll be accompanied by a couple of dozen Environmental technology businesses from Ontario. China is looking for solutions to its pollution problems. We've got those solutions; we're going to sell those solutions to them and create jobs here.
POVERTYThe fact of the matter is that the Premier-I know that my minister would acknowledge this-can sometimes get meetings with higher-level officials than can the minister. The Premier can sometimes open a few more doors for a business that is accompanying him or her than can the minister.
I think there is tremendous value in myself as well as four other Canadian Premiers travelling together to China, and in our case it's all about exploiting opportunities for businesses with Environmental technologies.
We've put forward some thoughtful policies. There are some costs associated with that-I will not deny that-but I think that families also understand that in their interests and in the interests of their children and grandchildren, we have got to come to grips with the waste that we're producing. So we move forward in thoughtful, responsible and, I believe, affordable ways to deal with those issues.
TAXATIONI move that the Legislative Assembly of Ontario acknowledges our province faces economic challenges created by the high dollar, high international oil prices, the US economic slowdown, international economic turmoil, and increased global manufacturing competition from China and India especially;
That just as Ontario families do when finances get tight at home, the Ontario government should make adjustments as necessary to its finances while protecting our shared priorities, such as health care, education, the Environment and public safety;
That the investments made over the last five years in vital public services and Ontarians' key priorities like skills training, infrastructure, education and health care will help Ontario weather the economic challenges in the short term and emerge stronger than ever;
And affirms our strongest possible support for Ontario workers and families and for a healthy, growing economy by continuing to implement the five-point economic plan that includes: investing in the skills of our people, making targeted tax cuts, investing in research and innovation, investing in infrastructure and partnering with businesses, while also expanding trade ties within Canada and internationally and seeking fairness from the federal government for Ontarians.
I want to make it clear that our government is open to advice. Ontario, indeed the world, finds itself in uncharted economic waters. This challenge will demand the best from all of us, so I look forward to criticism that is constructive and advice that is thoughtful.
For five years now, we have been moving forward with our plan to strengthen our economy. We will not abandon that plan. It's a solid plan, and we've made considerable progress under that plan, but we remain open to building on it, to improving it so it better meets our needs in light of changing circumstances.
In my remarks today, I want to do four things. I want to acknowledge the reality of our economic challenges and the impact these are having on our families and businesses. I want to address the causes of our economic challenges. I want to inform Ontarians of the plan we have in place to help us overcome our challenges and of the progress we are making under that plan. Finally, I want to reassure Ontarians that, just like previous generations in our province who faced and overcame their challenges, we, too, will overcome ours.
I'll begin with a few facts about our economy. During the past five years, the Ontario economy has grown steadily. We have 450,000 more jobs, our unemployment rate has fallen from 7% to 6.3%, and we've made these gains in the face of a high dollar, the high cost of oil and a sluggish US economy. These are all facts, but they're hardly the full story.
Nous avons connu d'importantes pertes d'emplois dans le secteur manufacturier pendant plusieurs années. Il s'agit du même genre de pertes qu'ont connu les États-Unis, le Royaume-Uni et l'Australie.
Depuis 2002, on estime que nous avons perdu 200 000 emplois dans le secteur manufacturier.
The fact is that we've experienced severe job losses in manufacturing over several years now-the kinds of manufacturing job losses seen in the US, the UK and Australia as well. It's been estimated that 200,000 manufacturing jobs have been lost in Ontario since 2002. Our forestry workers have also been hit hard.
We've created many more jobs than we've lost, but that's little consolation to Ontarians who have lost their jobs. A job loss should be seen for what it truly is. It's not a statistic; it's a hardship, it's traumatic and it's especially hard for parents with young families to support. Many Ontarians who are losing a job are getting another one fairly quickly, but some are not and their pain is real. We are committed, we are determined to do everything we can to help those families. I want to acknowledge the very real worry felt by all our families, even those that have not been touched by job loss.
We find ourselves today in a period of tremendous global economic uncertainty. Ontarians are understandably anxious and concerned for their future. I say to all our families: While we can't control global economic events, there is no better place to find shelter in the storm than right here in Ontario. We have enduring strengths, a shared commitment to look after one another and a sound plan to grow stronger. Of course, I'm talking about our five-point plan to grow the economy.
We knew from the day we first formed the government that beating out the Chinas and the Indias meant we needed to do a better job of turning the remarkable ingenuity of Ontarians, their creative ideas, into brand new products. That's why, three years ago, we created our province's first Ministry of Research and Innovation. By the end of this year we will have invested $1 billion to support about 1,000 research and commercialization projects which are helping us create the jobs of the future. We're not stopping there. We created a $205-million venture capital fund to attract investment in new companies with high growth potential, and we're offering a 10-year tax exemption to new businesses that commercialize Canadian ideas, so that our home-grown ideas can be turned into hometown jobs.
We've also long understood the need to invest in our infrastructure. That's why we got right to it three years ago when we launched a five-year, $30-billion infrastructure plan. Then, in 2006, we launched Move Ontario to help build transit, roads and bridges in every municipality in Ontario. Next, in 2007, we launched Move Ontario 2020, a massive $17.5-billion public transit plan for the GTA and Hamilton. Then, just this year, we provided $1.1 billion directly to municipalities for their infrastructure needs, like roads, bridges and transit. It was because of our decisive action on infrastructure years ago that I can report that today there are 21 major construction projects under way through Infrastructure Ontario, employing thousands and thousands of construction workers, and there are another 10 projects in the pipeline-all this because we understood and we moved quickly.
Something else our government understood from the beginning: It takes the best workers in the world to get the best jobs in the world. So, again two years ago, we launched our Reaching Higher plan, a plan to dramatically increase funding by $6.2 billion in post-secondary education. Thanks to that investment, there are now 100,000 more young Ontarians in colleges and universities, and 50,000 more learning a trade. Because of new funding in our high schools, over 22,000 more kids have graduated from high school instead of dropping out-but we didn't stop there. Just this year, we launched Second Career to help laid-off workers get the higher skills they need for their next career.
I recently read a story about a laid-off auto worker from Bowmanville, Jeff Statham. He's 38 and has two small kids at home, but because of Second Career, Jeff has the support he needs to train for the job he has always wanted. He wanted to be a police officer. We're helping him to get there.
Une solide économie a besoin d'une solide main-d'_uvre qui travaille pour de solides entreprises. Nous comprenons l'effet qu'ont les impôts sur nos entreprises et nous savions qu'en allégeant ce fardeau, cela les aiderait à connaître le succès et à créer plus d'emplois.
A strong economy needs a strong workforce working for strong businesses. We understood the impact of tax on our businesses, and we knew that lightening the load would help them succeed and create even more jobs. That's why we've already cut business taxes by $1.5 billion. Fully phased in, our tax cuts will save our businesses nearly $3 billion annually. Because of a very early agreement I reached with Prime Minister Martin, our new harmonized corporate tax collection system will save Ontario businesses a lot of money starting next year, up to $100 million annually in compliance costs and another $90 million in corporate income taxes.
This brings me to the last point in our economic plan. Ontarians have always understood we're at our best when we work together, so five years ago we made it clear we were ready to work with Ontario businesses to partner with those that wanted to grow by investing in their workers or in new technologies. Since then, we've invested $500 million in the auto sector to generate $7.5 billion in new investment and thousands of jobs. We're proud of our auto workers, who have made Ontario the number one auto producer in North America. Yes, we've lost jobs, but we'll keep fighting for more. The auto sector has a bright, green future in Ontario, and we are eager to help build that future.
We also see a bright future for a stronger manufacturing sector generally. That's why, three years ago, we created our advanced manufacturing investment strategy. So far, 18 projects have generated $880 million in investment and created or retained 4,000 jobs. Again, we didn't stop there. Earlier this year, we launched our Next Generation of Jobs Fund, a $1.15-billion fund to help new businesses create the jobs of the future.
Our support for the forest sector has created or secured nearly 5,000 jobs and generated $368 million in new private sector investments since 2005. We increased the rural economic development fund by $30 million over four years to support jobs and economic growth in rural Ontario.
I can tell you that our partnerships with business are paying off for our workers and their families. Over two years ago, I visited Diamond Aircraft in London to celebrate our government's partnership with that business, a partnership that saw us invest $10 million in that company's expansion. Two years ago, Diamond Aircraft had 340 employees; today, they have 600. That's progress.
Back in July, I visited a company in Vaughan called 6N Silicon. They build solar panels. We are investing nearly $8 million in 6N Silicon, and they're opening a new manufacturing plant, creating 84 new jobs. That's progress.
In Alliston just last month, Honda officially opened a new engine plant. We were proud to invest $15 million to kick-start that plant, a plant that's going to employ 340 people. That's progress too.
But it's important that we acknowledge that it's not enough, not as long as some families are hurting. We're going to keep working hard until all our workers and their families can find opportunity in this changing economy.
Finding that opportunity means looking beyond the US when it comes to trade. That's why, during the past five years, we've opened up seven new international trade offices. It's why we now have a minister, Sandra Pupatello, exclusively focused on enhancing our international trade ties. It's why Minister Pupatello is today leading Ontario's first-ever trade mission to the United Arab Emirates. And it's why, later this month, I will return to China with people representing Ontario's Environmental technology businesses.
Not only have we moved aggressively to exploit opportunities outside of Canada; we've also moved just as aggressively to obtain fairness for Ontarians in Canada. We want a full partner in Ottawa, a fair partner in Ottawa. This Legislature has been united in our demand for fairness, and for good reason. It's now well documented: Ontario taxpayers are sending over $20 billion every year through Ottawa to other provinces to cut their taxes and invest in their programs.
Si Ottawa nous traitait équitablement, et si nous pouvions conserver plus de nos impôts ici en Ontario, nous pourrions progresser bien plus avec notre plan en cinq volets visant à renforcer notre économie. En particulier, nous pourrions accorder un meilleur soutien aux Ontariennes et Ontariens qui perdent leur emploi, nous pourrions accroître l'infrastructure permettant de créer des emplois, et nous pourrions fournir plus d'aide au secteur manufacturier qui crée des emplois.
If we were treated fairly by Ottawa, if we could keep more of our taxpayer dollars in Ontario, we would move faster and further with our five-point plan to strengthen this economy. In particular, we could better support Ontarians who are losing their jobs, we could build more infrastructure to create jobs and we could provide more assistance to manufacturers who provide jobs. You see, as proud Canadians, Ontarians want more than anything else to build a stronger Ontario for a stronger Canada. Giving us fairness will give us the tools we need to get that job done.
The events of recent days, with wildly fluctuating stock markets, failing US banks and a spreading global financial crisis, have Ontarians very concerned. Some, especially our seniors, are very worried about losses to their retirement savings. The truth is that none of us knows exactly how global economic events will unfold. We do know that Ontario will be affected; we don't know exactly how. But just as we need to be honest about the global economic challenge before us today, so should we be honest about something else, and that is our truly remarkable proven ability as Ontarians to overcome whatever challenges come our way.
Every generation of Ontarians has faced and overcome challenges unique to its time. The first Ontarians-our First Nations-and then our settlers who followed centuries ago fought the harsh elements and carved out an existence for themselves here, and we won. In the early days before we were even a province of Canada, we faced invasion and rebellion, and we won. Some of our generations faced world war and fought for our freedom, and we won. Ontarians came together to beat back the economic despair of the Great Depression, and we won. We overcame the OPEC crisis in the 1970s and economic slowdowns in the early 1980s and 1990s, and we won. Through it all, Ontarians have remained steadfast and strong and resilient. We have always come back stronger, and this time will be no different.
Our commitment to Ontarians is this: While your government can't do everything, we will do everything we can to help. We will keep moving forward with our plan to grow this economy. We will keep investing in innovation, in the skills and education of our workers, in infrastructure, in lower business taxes and in partnerships with business. We will keep fighting for fairness from Ottawa. We will keep seeking new economic opportunities around the world. And if changing circumstances demand it, we will change our plan to make Ontario stronger. Above all, I want to ensure the people of Ontario that we are in your corner. We are going to get through this together, and we're going to look after one another. We will do what Ontarians have always done: We will overcome our challenges, and we will build a better, stronger, more caring Ontario for all our children.
I move that the Legislative Assembly of Ontario acknowledges our province faces economic challenges created by the high dollar, high international oil prices, the US economic slowdown, international economic turmoil, and increased global manufacturing competition from China and India especially;
That just as Ontario families do when finances get tight at home, the Ontario government should make adjustments as necessary to its finances while protecting our shared priorities, such as health care, education, the Environment and public safety;
That the investments made over the last five years in vital public services and Ontarians' key priorities like skills training, infrastructure, education and health care will help Ontario weather the economic challenges in the short term and emerge stronger than ever;
And affirms our strongest possible support for Ontario workers and families and for a healthy, growing economy by continuing to implement the five-point economic plan that includes: investing in the skills of our people, making targeted tax cuts, investing in research and innovation, investing in infrastructure and partnering with businesses, while also expanding trade ties within Canada and internationally and seeking fairness from the federal government for Ontarians.
I want to make it clear that our government is open to advice. Ontario, indeed the world, finds itself in uncharted economic waters. This challenge will demand the best from all of us, so I look forward to criticism that is constructive and advice that is thoughtful.
For five years now, we have been moving forward with our plan to strengthen our economy. We will not abandon that plan. It's a solid plan, and we've made considerable progress under that plan, but we remain open to building on it, to improving it so it better meets our needs in light of changing circumstances.
In my remarks today, I want to do four things. I want to acknowledge the reality of our economic challenges and the impact these are having on our families and businesses. I want to address the causes of our economic challenges. I want to inform Ontarians of the plan we have in place to help us overcome our challenges and of the progress we are making under that plan. Finally, I want to reassure Ontarians that, just like previous generations in our province who faced and overcame their challenges, we, too, will overcome ours.
I'll begin with a few facts about our economy. During the past five years, the Ontario economy has grown steadily. We have 450,000 more jobs, our unemployment rate has fallen from 7% to 6.3%, and we've made these gains in the face of a high dollar, the high cost of oil and a sluggish US economy. These are all facts, but they're hardly the full story.
Nous avons connu d'importantes pertes d'emplois dans le secteur manufacturier pendant plusieurs années. Il s'agit du même genre de pertes qu'ont connu les États-Unis, le Royaume-Uni et l'Australie.
Depuis 2002, on estime que nous avons perdu 200 000 emplois dans le secteur manufacturier.
The fact is that we've experienced severe job losses in manufacturing over several years now-the kinds of manufacturing job losses seen in the US, the UK and Australia as well. It's been estimated that 200,000 manufacturing jobs have been lost in Ontario since 2002. Our forestry workers have also been hit hard.
We've created many more jobs than we've lost, but that's little consolation to Ontarians who have lost their jobs. A job loss should be seen for what it truly is. It's not a statistic; it's a hardship, it's traumatic and it's especially hard for parents with young families to support. Many Ontarians who are losing a job are getting another one fairly quickly, but some are not and their pain is real. We are committed, we are determined to do everything we can to help those families. I want to acknowledge the very real worry felt by all our families, even those that have not been touched by job loss.
We find ourselves today in a period of tremendous global economic uncertainty. Ontarians are understandably anxious and concerned for their future. I say to all our families: While we can't control global economic events, there is no better place to find shelter in the storm than right here in Ontario. We have enduring strengths, a shared commitment to look after one another and a sound plan to grow stronger. Of course, I'm talking about our five-point plan to grow the economy.
We knew from the day we first formed the government that beating out the Chinas and the Indias meant we needed to do a better job of turning the remarkable ingenuity of Ontarians, their creative ideas, into brand new products. That's why, three years ago, we created our province's first Ministry of Research and Innovation. By the end of this year we will have invested $1 billion to support about 1,000 research and commercialization projects which are helping us create the jobs of the future. We're not stopping there. We created a $205-million venture capital fund to attract investment in new companies with high growth potential, and we're offering a 10-year tax exemption to new businesses that commercialize Canadian ideas, so that our home-grown ideas can be turned into hometown jobs.
We've also long understood the need to invest in our infrastructure. That's why we got right to it three years ago when we launched a five-year, $30-billion infrastructure plan. Then, in 2006, we launched Move Ontario to help build transit, roads and bridges in every municipality in Ontario. Next, in 2007, we launched Move Ontario 2020, a massive $17.5-billion public transit plan for the GTA and Hamilton. Then, just this year, we provided $1.1 billion directly to municipalities for their infrastructure needs, like roads, bridges and transit. It was because of our decisive action on infrastructure years ago that I can report that today there are 21 major construction projects under way through Infrastructure Ontario, employing thousands and thousands of construction workers, and there are another 10 projects in the pipeline-all this because we understood and we moved quickly.
Something else our government understood from the beginning: It takes the best workers in the world to get the best jobs in the world. So, again two years ago, we launched our Reaching Higher plan, a plan to dramatically increase funding by $6.2 billion in post-secondary education. Thanks to that investment, there are now 100,000 more young Ontarians in colleges and universities, and 50,000 more learning a trade. Because of new funding in our high schools, over 22,000 more kids have graduated from high school instead of dropping out-but we didn't stop there. Just this year, we launched Second Career to help laid-off workers get the higher skills they need for their next career.
I recently read a story about a laid-off auto worker from Bowmanville, Jeff Statham. He's 38 and has two small kids at home, but because of Second Career, Jeff has the support he needs to train for the job he has always wanted. He wanted to be a police officer. We're helping him to get there.
Une solide économie a besoin d'une solide main-d'_uvre qui travaille pour de solides entreprises. Nous comprenons l'effet qu'ont les impôts sur nos entreprises et nous savions qu'en allégeant ce fardeau, cela les aiderait à connaître le succès et à créer plus d'emplois.
A strong economy needs a strong workforce working for strong businesses. We understood the impact of tax on our businesses, and we knew that lightening the load would help them succeed and create even more jobs. That's why we've already cut business taxes by $1.5 billion. Fully phased in, our tax cuts will save our businesses nearly $3 billion annually. Because of a very early agreement I reached with Prime Minister Martin, our new harmonized corporate tax collection system will save Ontario businesses a lot of money starting next year, up to $100 million annually in compliance costs and another $90 million in corporate income taxes.
This brings me to the last point in our economic plan. Ontarians have always understood we're at our best when we work together, so five years ago we made it clear we were ready to work with Ontario businesses to partner with those that wanted to grow by investing in their workers or in new technologies. Since then, we've invested $500 million in the auto sector to generate $7.5 billion in new investment and thousands of jobs. We're proud of our auto workers, who have made Ontario the number one auto producer in North America. Yes, we've lost jobs, but we'll keep fighting for more. The auto sector has a bright, green future in Ontario, and we are eager to help build that future.
We also see a bright future for a stronger manufacturing sector generally. That's why, three years ago, we created our advanced manufacturing investment strategy. So far, 18 projects have generated $880 million in investment and created or retained 4,000 jobs. Again, we didn't stop there. Earlier this year, we launched our Next Generation of Jobs Fund, a $1.15-billion fund to help new businesses create the jobs of the future.
Our support for the forest sector has created or secured nearly 5,000 jobs and generated $368 million in new private sector investments since 2005. We increased the rural economic development fund by $30 million over four years to support jobs and economic growth in rural Ontario.
I can tell you that our partnerships with business are paying off for our workers and their families. Over two years ago, I visited Diamond Aircraft in London to celebrate our government's partnership with that business, a partnership that saw us invest $10 million in that company's expansion. Two years ago, Diamond Aircraft had 340 employees; today, they have 600. That's progress.
Back in July, I visited a company in Vaughan called 6N Silicon. They build solar panels. We are investing nearly $8 million in 6N Silicon, and they're opening a new manufacturing plant, creating 84 new jobs. That's progress.
In Alliston just last month, Honda officially opened a new engine plant. We were proud to invest $15 million to kick-start that plant, a plant that's going to employ 340 people. That's progress too.
But it's important that we acknowledge that it's not enough, not as long as some families are hurting. We're going to keep working hard until all our workers and their families can find opportunity in this changing economy.
Finding that opportunity means looking beyond the US when it comes to trade. That's why, during the past five years, we've opened up seven new international trade offices. It's why we now have a minister, Sandra Pupatello, exclusively focused on enhancing our international trade ties. It's why Minister Pupatello is today leading Ontario's first-ever trade mission to the United Arab Emirates. And it's why, later this month, I will return to China with people representing Ontario's Environmental technology businesses.
Not only have we moved aggressively to exploit opportunities outside of Canada; we've also moved just as aggressively to obtain fairness for Ontarians in Canada. We want a full partner in Ottawa, a fair partner in Ottawa. This Legislature has been united in our demand for fairness, and for good reason. It's now well documented: Ontario taxpayers are sending over $20 billion every year through Ottawa to other provinces to cut their taxes and invest in their programs.
Si Ottawa nous traitait équitablement, et si nous pouvions conserver plus de nos impôts ici en Ontario, nous pourrions progresser bien plus avec notre plan en cinq volets visant à renforcer notre économie. En particulier, nous pourrions accorder un meilleur soutien aux Ontariennes et Ontariens qui perdent leur emploi, nous pourrions accroître l'infrastructure permettant de créer des emplois, et nous pourrions fournir plus d'aide au secteur manufacturier qui crée des emplois.
If we were treated fairly by Ottawa, if we could keep more of our taxpayer dollars in Ontario, we would move faster and further with our five-point plan to strengthen this economy. In particular, we could better support Ontarians who are losing their jobs, we could build more infrastructure to create jobs and we could provide more assistance to manufacturers who provide jobs. You see, as proud Canadians, Ontarians want more than anything else to build a stronger Ontario for a stronger Canada. Giving us fairness will give us the tools we need to get that job done.
The events of recent days, with wildly fluctuating stock markets, failing US banks and a spreading global financial crisis, have Ontarians very concerned. Some, especially our seniors, are very worried about losses to their retirement savings. The truth is that none of us knows exactly how global economic events will unfold. We do know that Ontario will be affected; we don't know exactly how. But just as we need to be honest about the global economic challenge before us today, so should we be honest about something else, and that is our truly remarkable proven ability as Ontarians to overcome whatever challenges come our way.
Every generation of Ontarians has faced and overcome challenges unique to its time. The first Ontarians-our First Nations-and then our settlers who followed centuries ago fought the harsh elements and carved out an existence for themselves here, and we won. In the early days before we were even a province of Canada, we faced invasion and rebellion, and we won. Some of our generations faced world war and fought for our freedom, and we won. Ontarians came together to beat back the economic despair of the Great Depression, and we won. We overcame the OPEC crisis in the 1970s and economic slowdowns in the early 1980s and 1990s, and we won. Through it all, Ontarians have remained steadfast and strong and resilient. We have always come back stronger, and this time will be no different.
Our commitment to Ontarians is this: While your government can't do everything, we will do everything we can to help. We will keep moving forward with our plan to grow this economy. We will keep investing in innovation, in the skills and education of our workers, in infrastructure, in lower business taxes and in partnerships with business. We will keep fighting for fairness from Ottawa. We will keep seeking new economic opportunities around the world. And if changing circumstances demand it, we will change our plan to make Ontario stronger. Above all, I want to ensure the people of Ontario that we are in your corner. We are going to get through this together, and we're going to look after one another. We will do what Ontarians have always done: We will overcome our challenges, and we will build a better, stronger, more caring Ontario for all our children.
Again, I just want to make it clear to the member opposite, to Ontarians, generally, but mostly to new moms especially, that it is through our public health units that we have in place programs to support breastfeeding in the province of Ontario.
POST-SECONDARY EDUCATIONYou'll notice as well that the NDP are offering that the best way for us to deal with this economic challenge is to look to find a way to spend our way out of this. We're going to continue to take our cue from Ontario families. They think that we've got to be very careful; they think we've got to be prudent. We've got to act responsibly; we've got to stay focused on our priorities. We will continue to do that. Health care, education, protection of the Environment, public safety: Those are the kinds of things we remain focused on.
I am proud to confirm once again that, to the best of my knowledge, we are the only jurisdiction on the face on this planet which is actually phasing out its coal-fired generation. That is a serious undertaking. We've already reduced our coal-fired generation by one third. We have legislated the remaining phases of that entire reduction. It's something that we are proud of; it's something that we will continue to pursue on behalf of Ontarians. There is more that we can do beyond that, and I'll be delighted to speak to those other options momentarily.
I am proud to confirm once again that, to the best of my knowledge, we are the only jurisdiction on the face on this planet which is actually phasing out its coal-fired generation. That is a serious undertaking. We've already reduced our coal-fired generation by one third. We have legislated the remaining phases of that entire reduction. It's something that we are proud of; it's something that we will continue to pursue on behalf of Ontarians. There is more that we can do beyond that, and I'll be delighted to speak to those other options momentarily.
Here's the real issue, and we need to expose this to the light of day: They want to cut taxes in the province of Ontario by $5 billion. That is not going to help businesses that are struggling today. They are not paying corporate taxes today because they are struggling-certain parts of the sector. Furthermore, they're not prepared to acknowledge that cutting $5 billion out of our revenues means cuts to our schools, cuts to our hospitals, cuts to the programs that protect the most vulnerable, and cuts to protections for our Environment. They're not prepared to acknowledge that. I am, and I won't go there.
I'm not familiar with the specific details of this, but I can tell you that we have seized ourselves with this responsibility. This law has been in place for over 100 years-that is, the Mining Act-and we're working hard to change it.
It's an aggressive plan, it has secured new investment, it has created thousands of new jobs, and it's the kind of plan that we will continue to pursue aggressively.
NATIVE LAND DISPUTEI think life is more complex at the beginning of the 21st century in a global, knowledge-based economy than to say that you can approach a US slowdown with a one-point tax-cut plan. That's why we're investing heavily in the skills of our people. Beyond that, we're investing in tax cuts, infrastructure, innovation and in continuing partnerships with business. We think that's an effective, intelligent way to deal with this slowdown.