Skip to content

Statement

Toronto Region Board of Trade Responds to Ontario’s 2024 Fall Economic Statement

We are pleased to see continued commitments to growing Ontario’s high-productivity industries. We applaud the new investments in Ontario’s manufacturing revival – critical to the province’s long-term prosperity – as well as the expansion of the Invest Ontario Fund, which will allow Ontario to compete for high-value business investments. 

While affordability is a key concern for governments at all levels, we must stay laser-focused on our future economic prosperity. Rather than providing cash rebates, we would have preferred to see even greater investment in new and modernized productive capacity that would support long-term increases in our province’s standard of living.

Finally, we commend the government for continued forward momentum on infrastructure projects needed to accommodate Ontario’s population growth. The long-term benefits of these projects—ranging from transportation to energy—will pay dividends for decades, ensuring Ontario remains a competitive place to do business.

About The Toronto Region Board of Trade

The Toronto Region Board of Trade is one of the largest and most influential business chambers in North America and is a catalyst for the region’s economic agenda. We pursue policy change to drive the growth and competitiveness of the Toronto region and facilitate market opportunities with programs, partnerships and connections to help our members succeed – domestically and internationally.

Media Contact 

Jason Chapman, Communications and Media Relations Manager

media@bot.com