Submitted by: Ian Howcroft, Vice President, Canadian Manufacturers & Exporters (CME) Ontario.
Oct. 23, 2014 - It’s no secret Ontario’s manufacturing sector has been impacted by the turmoil of the global economy.
Rising input costs, not the least of which is the rising cost of electricity, and the volatility of the Canadian dollar, have made competition vastly more intense. Despite the myth that manufacturing is a sector in decline, it is still one of the largest contributors to Canada’s economy.
For Ontario to create jobs and economic growth, we need to sustain and expand our manufacturing base, which is critical to communities in every region of the province.