Ontario Developing a Stable Economy to Attract Investments and Employment

Arafat Rahman

Manufacturing jobs increased by 20,100 in May

This statement was issued by Vic Fedeli, Minister of Economic Development, Job Creation, and Trade, in response to Statistics Canada’s monthly employment report, which revealed that while employment in Ontario decreased in May 2023, the manufacturing sector added 20,100 jobs.

“Our government continues to construct an economy that is resilient and able to withstand any storm at a time when the nation is still experiencing pressures from inflation. We support individuals and businesses today while laying a solid foundation for the future with our targeted and responsible approach. We are attracting new investments and jobs by training a workforce of world-class quality, reducing bureaucracy, and keeping taxes low.

We continue to expand the manufacturing sector in the province and establish a complete supply chain for electric vehicles (EVs). Over the course of the past two and a half years alone, Ontario has attracted investments worth more than $25 billion in auto and EV battery projects, leading to the creation of thousands of well-paying jobs.

As we keep on setting out additional open doors in the auto and assembling areas, our administration is putting resources into programs that will guarantee laborers can get great paying position. We as of late declared a venture of more than $4.7 million to assist north of 360 experts and jobseekers with acquiring the abilities they need to progress and send off their professions in the car fabricating area and arising EV field.

With our plan to build a strong economy and a strong Ontario, Ontario will be prepared for whatever the future holds.

Related Articles

Back to top button