Tag Archives: job creation

Legalized Sports Betting Is A New Job Market In The USA

A few years ago, on May 14, 2018, the Supreme Court decided to back New Jersey’s bid, allowing any state in the US to legalize sports betting. The Supreme Court overthrew PASPA – Professional and Amateur Sports Protection Act of 1992 –  a law that was supposed to define the legal status of sports betting throughout the States.

However, PASPA didn’t ban sports gambling, it just didn’t permit the states to allow it. Passing the law ultimately resulted in creating an underground virtual monopoly over a multi-billion dollar industry.

Strong Case Against PASPA

The infographic below points out some facts regarding the illegal cash flow in the betting industry before the overturn of PASPA. As it turns out, the government of the state of New Jersey presented a strong case against PASPA, and it seems that participants of the hearings were worried that the law would restrain the States’ rights to raise revenue.

The American Gaming Association estimated that American citizens illegally wager more than $150 billion each year on sports betting. Until PASPA was struck down, Nevada was one of the only four states that permitted sports betting (Delaware, Oregon, and Montana also had an immunity). However, Nevada’s legally wagered money covered up for only a small portion of the total sum wagered on betting activities throughout the States (less than 4%).

Before PASPA was abolished, the Congress had the rights to mandate the forms that intrastate commerce states may regulate. However, by doing so, they didn’t manage to eliminate the sports betting market. They’ve just driven it underground.

New Beginnings Will Bring New Changes

On July 31st, 2018 ,Adam Silver, commissioner of the NBA, has teamed up with MGM, creating the first partnership between a major sports organization in the US and a gambling operator. The goal of this historic partnership is to preserve the integrity of the game and spread the global presence of the NBA.

MGM’s partnership with the NBA is only the next logical step in the development of this potentially booming industry. The process of accepting betting as a part of sports culture in the United States has begun.

The Cash Flow in Gambling is Tremendous

According to Oxford Economics, there is a lot going on under the table. Apparently, the numbers from the report project that the legalization of sports betting could increase the US annual GDP up to $40 billion.

Also, legalizing sports can help the US economy to keep the money within the States and help prevent domestic casinos to go bankrupt. Moreover, the newly-formed legal gambling system could create employment opportunities for more than 125,000 people.

When all of this is said and done, a typical worker in a reformed sports betting industry would have an average salary of approximately $48,000. In fact, this is only the beginning of economic benefits coming from legalized gambling in the US. Advances and technological innovations in online betting services will also have a strong impact on the economy.

A Bond Between Technology and Gambling

The United Kingdom has been the world’s leading online sports gambling market for many years now. UK mobile industry currently covers around 60% of the country’s sports betting market. The UK gambling market should serve as a blueprint for the future of sports betting in the US because mobile betting via smartphone apps would bring billions of dollars worth of revenue.

It is a known fact that technological developments make sports gambling far more entertaining. It’s much easier to place a bet for NBA Primetime Saturday game from your favorite recliner than having to drive to the casino at last minute.

It is only a matter of time before the mobile betting market in the US becomes the world’s largest. This somewhat bold statement doesn’t come as a shock if we take into consideration the potential influence of US powerhouse economy on the expansion of mobile betting industry.

To sum it all up, legalized sports betting in the US is a huge win for the US tax revenue, employment, and the entertainment business. Take a look at the nifty infographic below courtesy of our friends at NJ GamesFor the Silo, Onur Unlu. 

Economic Impact of US Sports Betting NJ Games

Peter Robinson On Job Obsolescence- Government Should Not Protect Jobs

A recent OECD report finds that low and middle income earners have seen their wages stagnate and that the income share of middle-skilled jobs has fallen. Rising inequality has led to concerns that top earners are getting a disproportionate share of the gains from global “openness and interconnection”. During a Summer 2017 meeting of OECD, employment outlook revealed that job polarization has been “driven by pervasive and skill-biased technological changes.

Founded in 1945, the United States Council for International Business (USCIB) builds awareness among business executives, educators and policy makers around issues related to employment, workforce training and skills enhancement. CMRubinWorld spoke with USCIB President and CEO Peter M. Robinson, who serves as a co-chair of the B20 Employment and Education Task Force, through which he helped develop recommendations to the G20 leaders on training for the jobs of the future. Robinson also serves on the board of the International Organization of Employers, which represents the views of the business community in the International Labor Organization.

“I think the guiding principle for government should be to protect and enable/retrain the worker, not protect the job. Policy makers and educators should focus on making sure that workers are as equipped as possible to transition to new opportunities” Peter Robinson.

Peter, welcome. How severe do you believe jobsolescence will be over the next 20 years? How big will the challenge be to offset it and maintain a growing workforce?

I really don’t think the overall effect will be as dramatic as some people fear, at least for the medium-term as far as we can tell. There is an over-hype factor at play, but the consequences still deserve serious attention. For one thing, so many of the jobs in the United States, Canada and other advanced economies are in the service sector, and involve interacting with other people. Despite all the advances in AI, we are still a long way off from robotic nurses or home health aides. Overall, history tells us that at least as many new jobs are created as are displaced by technological innovation, even though transitions can be difficult in some sectors and localities, and as long as upskilling takes place.

“The biggest threat is that our educational institutions won’t be able to keep pace with new skills demands.” — Peter Robinson

What do you think are the biggest obstacles facing college grads today trying to enter the workforce?

I actually think the greatest obstacles are faced by those who don’t make it to university or some form of higher education beyond high school (a four-year degree is not the right path for everyone). A 2014 Pew survey found that among workers age 25 to 32, median annual earnings of those with a college degree were $17,500 greater than for those with high school diplomas only. Obviously, everyone at whatever educational level needs to keep their skills sharp, and governments should join with employers and educators to instill better life-long learning. But there are far fewer established paths toward long-term employment at a middle-class level of income for those who don’t graduate from college. A greater emphasis on vocational education and apprenticeships would help. We strongly support the work being done by United States Secretary of Labor Acosta to promote apprenticeships.

Given that machines are in the process of stripping white collar workers from their jobs, what kind of skills are key manufacturing and service industries going to need from new employees?

I think the premise of your question is overstated. We’re all being told that our jobs are doomed by robots and automation. But the OECD estimates that only nine percent of jobs across the 35 OECD nations are at high risk of being automated, although of course even 9% can be generative of social difficulties. But there is an established track record across history of new technologies creating at least as many new jobs as they displace. Usually these new jobs demand higher skills and provide higher pay. The biggest threat is that our educational institutions won’t be able to keep pace with new skills demands.

“It is becoming clear that Versatility matters, in a constantly changing world, so Jim Spohrer’s IBM model of a “T-shaped” person holds true: broad and deep individuals capable of adapting and going where the demand lies.” — Peter Robinson

In an economy with a significant on-demand labor force, what competencies will these workers need to compete?

There are two types of competencies that will be needed: “technical” – or in other words, related to deep knowledge of a specific domain, whether welding or optogenetics; and “transversal,” which applies to all occupations. Those are described by the Center for Curriculum Redesign as skills (creativity, critical thinking, communication, collaboration), character (mindfulness, curiosity, courage, resilience, ethics, leadership) and meta-learning (growth mindset, metacognition).

How will managerial skill requirements change as a result of major structural changes that are likely, including human replacement by machines and growth of the on-demand economy?

OECD’s BIAC surveys of 50 employer organizations worldwide has shown that employers value not just Skills as described above, but also Character qualities as well. Further, it is becoming clear that Versatility matters, in a constantly changing world, so Jim Spohrer’s IBM model of a “T-shaped” person holds true: broad and deep individuals capable of adapting and going where the demand lies.

Canada Unemployment Rate By Provinces and Territories

“We often hear about the need for more STEM education. But I think there is an equal need for a greater emphasis on the humanities and the arts, for their intrinsic value as well as for developing skills and character qualities.” — Peter Robinson

What central changes in school curricula do you envision, both at the secondary school and college levels?

We often hear about the need for more STEM education. But I think there is an equal need for a greater emphasis on the humanities and the arts for their intrinsic value as well as for developing skills and character qualities as described above. As David Barnes of IBM wrote recently, these skills are more durable and are also a very good indicator of long-term success in employment.

How can the evolving changes in competencies required for employment be effectively translated into school curricula? Where are the main opportunities to enable this? e.g. Assessment systems? Business/Education collaboration? Curriculum change?

I’d go back to something else David Barnes said: We need much stronger connections between education and the job market, in the form of more partnerships among employers, governments and education institutions. Everyone needs to step up and create true partnerships. No one sector of society can address this alone. OECD’s BIAC has also documented employers’ wishes for deep curricular reforms to modernize content and embed competencies in order to meet today’s market needs.

What role should government play in ensuring citizens receive a quality and relevant education given the challenges that lie ahead?

I think the guiding principle for government should be to protect and enable/retrain the worker, not protect the job. Policy makers and educators should focus on making sure that workers are as equipped as possible to transition to new opportunities as these develop, and on ensuring that businesses have the freedom to pivot and adopt new technologies and business processes.

CMRubinWorld For the Silo, C.M. Rubin.  C. M. Rubin is the author of two widely read online series for which she received a 2011 Upton Sinclair award, “The Global Search for Education” and “How Will We Read?” She is also the author of three bestselling books, including The Real Alice in Wonderland, is the publisher of CMRubinWorld and is a Disruptor Foundation Fellow.

Ontario Gets Highest Grade Ever For Red Tape Reduction

SIMCOE — Ontario received the province’s highest grade ever in an annual report card that evaluates governments across Canada based on their progress in cutting red tape.

The Canadian Federation of Independent Business (CFIB) gave Ontario an A- in its 2019 Red Tape Report Card. This was a dramatic increase from the C+ that the previous government received in 2018 — which was tied for Ontario’s lowest grade ever. The jump from the province’s lowest to its highest grade ever is a result of the new government’s determination to cut the cost of doing business in Ontario and make companies more competitive.

“The last thing small business needs in Ontario is continued unnecessary, bureaucratic, regulation, rules, paperwork and red tape,” said Haldimand-Norfolk MPP Toby Barrett.

“I am proud that CFIB has recognized we mean business when it comes to cutting red tape,” said Todd Smith, Minister of Economic Development, Job Creation and Trade, who is the lead minister on reducing red tape and regulatory burden. “Ontario businesses face the highest cost to comply with regulations in any province — about $33,000 per company — and small businesses are being hit the hardest. Lowering the cost of doing business here will make companies more competitive so they can create and keep good jobs right here in Ontario. And we won’t stop until we get the job done.”

People across the government are rolling up their sleeves to lighten the regulatory burden on businesses, and Ontario will take this work to the next level this spring. Ministries are already pitching in with ideas for new actions to help meet an aggressive target – reducing regulatory red tape affecting businesses by 25 per cent. From the Premier on down, the government is continuously looking for ways to lower business costs to help create and protect good jobs for the people of Ontario.

QUICK FACTS

  • CFIB is a non-profit organization representing and advocating for the interests and concerns of more than 110,000 Canadian owners of small and mid-sized businesses.
  • It has published an annual Red Tape Report Card since 2011. CFIB says its goal is to hold the federal, provincial and territorial governments accountable for one of the biggest headaches for small businesses — excessive regulations.

QUOTES

“We’re committed to reducing red tape and easing regulatory burden for our businesses, so they can grow, create jobs and compete on a global level,” said Ernie Hardeman, Ontario Minister of Agriculture, Food and Rural Affairs. “I was so pleased to see the CFIB award Ontario its highest grade on their Red Tape Report Card. We’ll continue earning top marks by further lowering the costs of doing business in our province.” – Ernie Hardeman, Oxford MPP and Minister of Agriculture, Food and Rural Affairs

“Speaking to just about everyone in all sectors, red-tape is one of the single biggest hurdles community agencies and small businesses face in serving our region. It’s so great to see CFIB recognize the great work we are doing to make Ontario open for business.” – Will Bouma, Brantford-Brant

“This is great news for our province. Receiving this grade shows that our government is on the right track to creating an environment in Ontario where businesses will want to come and create jobs” – Toby Barrett, Haldimand-Norfolk MPP

ADDITIONAL RESOURCES

Statement by Minister Smith on the Passage of the Making Ontario Open for Business Act

Ontario’s Government for the People Cutting Red Tape to Help Create Jobs

Ontario Open for Business

The Dakota Access Pipeline, Environmental Injustice And More?

“Standing Side by Side in Peaceful Prayer”   Starting in April 2016, thousands of people, led by Standing Rock Sioux Tribal members, gathered at camps near the crossing of the Missouri and Cannon Ball Rivers to stop the construction of the Dakota Access Pipeline (DAPL) there- creating the #noDAPL movement. DAPL is a 1,172-mile pipeline for transporting crude oil from North Dakota to refineries and terminals in Illinois.

As a business venture, DAPL’s advocates claim the pipeline will meet the highest environmental safety standards. They also claim the venture will produce greater U.S. energy independence and jobs at the same time it lessens the environmental risks of oil trains, though it is opaque how the new pipeline could increase oil production, oil consumption, employment, and state tax revenues.

Part of what makes things contentious: The Planned route- depending on who you speak to, either crosses, nears, touches, goes through, or avoids Standing Rock Reservation.
Part of what makes things contentious: The Planned route- depending on who you speak to, either crosses, nears, touches, goes through, or avoids Standing Rock Reservation.

The #NoDAPL movement sees the pipeline as posing risks to the water quality and cultural heritage of the Dakota and Lakota peoples of the Standing Rock Sioux Tribe. Part of DAPL’s construction is occurring on lands and through waters the….click here for full article.
Article by Kyle Whyte, academia.edu.

Supplemental- News about Dakota Access Pipeline

On Demand Car Services Are Latest Group To Take Heat Over Discrimination

Discrimination. African American customers wait up to 35% longer for Uber and Lyft rides, in addition to drivers cancelling rides 2x as often for customers with “black-sounding” names.3

[To be fair, a quick search engine result for “racism in the Taxi industry” reveals that discrimination exists in all ride service industries regardless of the company. CP]

New studies have found that the cost of this type of discrimination can run companies up to USD$200,000 in lawsuits – in addition to tarnished reputations, companies experience, lowered morale and abandoned trust.1

Michael Welp, co-founder of White Men As Full Diversity Partners (WMFDP) a leading diversity process consulting firm to Fortune 500 companies, says the new economy is forcing companies to come to grips with old biases if they want to protect their bottom line.

“Systemic bias in the workplace will inevitably reach deep into the pockets of the employer, while its ripple effect undermines the principles of good business. There is simply too much at stake to ignore the warning signals.”- Welp

47% of the millennial generation said they consider diversity and inclusion to be an important criterion when considering potential employers. Additionally, more than 2 million workers quit their jobs each year due to discrimination – costing the US economy more than USD$64B annually.

Per Welp, diversity and inclusion not only breed innovation, creativity but also a greater market share.

Welp explains that full diversity has the potential of propelling this new economy further by:

 

  • Creating more jobs,
  • Reducing lost production time due to having to train new hires,
  • Less discrimination lawsuits, and
  • Increased innovation that will be produced by diverse teams working together.

 

four days to change bookcoverIn his new book, Four Days to Change, Welp provides the solution to systemic inequality through a comprehensive approach including diversity consulting, experiential learning, and leadership development. He also adds that all efforts should lead to tangible action and measurable results.

WMFDP’s mission is to inspire leaders (especially, white men) to examine their mindsets and assumptions, in order to shift behaviors that create sustainable and inclusive work cultures, which in turn drives business results.  Their client list includes: Rockwell Automation, Lockheed Martin, Coca-Cola, Starbucks, BP, Shell, Intel, AT&T, Dell, Microsoft, HP, NASA, Catalyst (women’s advocacy leader), and MARC (Men Advocating Real Change).

 

  1. 1. Schappel, Christian, “What will the next discrimination charge cost you?” HRMorning, November 6 2015

 

  1. 2. Schrader, Brendon, “Here’s Why The Freelancer Economy Is On The Rise,” Fast Company, August 10, 2015

 

  1. Ehrenkranz, Melanie, “Uber and Lyft drivers exhibit racial bias against passengers, study finds,” Mic Network Inc, October 31, 2016

 

Ontario Passes Landmark Climate Change Legislation

Today, Ontario passed landmark climate change legislation that lays a foundation for the province to join the biggest carbon market in North America and ensures that the province is accountable for responsibly and transparently investing proceeds from the cap and trade program into actions that reduce greenhouse gas pollution, create jobs and help people and businesses shift to a low-carbon economy.

Under the Climate Change Mitigation and Low-Carbon Economy Act, money raised from Ontario’s cap and trade program will be deposited into a new Greenhouse Gas Reduction Account. The account will invest every dollar in green projects and initiatives that reduce emissions.

Following extensive consultation with industry and other groups, the legislation was strengthened by now requiring enhanced accountability and public reporting on the province’s upcoming Climate Change Action Plan and investment of cap and trade proceeds.

From J. Magnuson's Book on the approaching post-carbon economy. Link below.
           From J. Magnuson’s Book on the approaching post-carbon economy. Link below.

Ontario will post its final cap and trade regulation upon royal assent of the legislation. The regulation covers detailed rules and obligations for businesses participating in the program. The final design was also informed by extensive consultation https://www.ontario.ca/page/cap-and-trade-consultations-summary with businesses, industry, the public, environmental organizations and Indigenous communities.

Climate change is not a distant threat – it is already costing the people of Ontario. It has damaged our environment, caused extreme weather like floods and droughts, and hurt our ability to grow food in some regions. Over the near term, climate change will increase the cost of food and insurance rates, harm wildlife and nature, and eventually make the world inhospitable for our children and grandchildren.

Minister of Climate Change Glen Murray
         Minister of Climate Change Glen Murray

Fighting climate change while supporting growth, efficiency and productivity is part of the government’s economic plan to build Ontario up and deliver on its number-one priority to grow the economy and create jobs. The four-part plan includes investing in talent and skills, including helping more people get and create the jobs of the future by expanding access to high-quality college and university education. The plan is making the largest investment in public infrastructure in Ontario’s history and investing in a low-carbon economy driven by innovative, high-growth, export-oriented businesses. The plan is also helping working Ontarians achieve a more secure retirement.

QUOTES

“Passing the Climate Change Mitigation and Low-Carbon Economy Act marks the start of the next chapter in Ontario’s transformation to an innovative and prosperous low-carbon economy — one that will benefit households, businesses, industry and communities across the province. This legislation is about enshrining in law our resolve and action to protect and strengthen our environment for generations to come.”

— Glen Murray, Minister of the Environment and Climate Change

QUICK FACTS

§ Ontario’s Climate Change Action Plan is the next step in Ontario’s ongoing fight against climate change and is expected to be released in spring 2016. The plan will describe actions that will help more Ontario households and businesses to adopt low- and no-carbon energy in homes, vehicles and workplaces.

§ Ontario’s $325-million Green Investment Fund http://www.ontario.ca/greeninvestment , a down payment on the province’s cap and trade program, is already strengthening the economy, creating good jobs and driving innovation while fighting climate change — a strong signal of what Ontarians can expect from proceeds of the province’s cap and trade program. These investments will help secure a healthy, clean and prosperous low-carbon future and transform the way we live, move and work while ensuring strong, sustainable communities.

§ The Greenhouse Gas Reduction Account will receive proceeds from auctioning allowances under Ontario’s cap and trade program. The first auction will be held in March 2017.

§ Ontario intends to link its cap and trade program with Quebec and California.

LEARN MORE

Ontario’s Climate Change Strategy https://www.ontario.ca/page/climate-change-strategy

Learn How Cap and Trade Works https://www.ontario.ca/page/cap-and-trade

Green Investment Fund https://www.ontario.ca/page/green-investment-fund

Supplemental- Joel Magnuson’s Book- The Approaching Great Transformation: Toward a Livable Post-Carbon Economy

Six Nuclear Unit Refurbs means Ontario Commits to Future in Nuclear Energy

Ontario has updated its contract with Bruce Power and will proceed with the refurbishment of six nuclear units at the Tiverton-based nuclear generation station.

Nuclear refurbishment will boost economic activity across Ontario, create jobs, ensure savings for ratepayers and secure a clean supply of reliable electricity. The Bruce Power refurbishment project will make up to 23,000 jobs possible and generate about $6.3 billion in annual economic benefits in communities throughout the province. Ontario is home to a globally recognized CANDU nuclear supply chain with more than 180 companies employing thousands of highly skilled workers.

Note: At Bruce Power-station, each reactor has its own turbine set.
              Note: At Bruce Power-station, each reactor has its own turbine set.

The government was further able to optimize the nuclear refurbishment schedule in order to maximize the value of existing nuclear units. The revised timeline will mean construction commences in 2020, rather than the previously estimated start date of 2016.

Accordingly, the updated agreement has achieved $1.7 billion in savings for electricity customers when compared to the forecast in the 2013 Long-Term Energy Plan (2013 LTEP).  This means a reduction in forecast household electricity bills by about $66 each year over the next decade. The contract also protects the interests of electricity consumers by ensuring Bruce Power assumes full risk for any potential cost overruns or delays.

Key aspects of the updated agreement include:

  • Securing 6,300 MW of emissions-free, baseload generating capacity while deferring major project work to 2020, to maximize value of the units
  • Bruce Power would invest approximately $13 billion of its own funds and agrees to take full risk of cost overruns on refurbishments of the six nuclear units
  • Initial price for Bruce Power’s generation set at $65.73/MWh starting January 1, 2016. The average price over the life of the contract is estimated to be $77/MWh, or 7.7 cents per kilowatt hour (kWh).
  • Both prices are within the range assumed in the 2013 LTEP for refurbished nuclear energy and are lower than the average price of electricity generation in Ontario, which in 2015 was $83/MWh
  • Definitive contract off-ramps that allow the government to assess Bruce Power’s cost estimates for each reactor prior to its refurbishment and stop the refurbishment if the estimated cost exceeds a pre-defined amount

The province is achieving balance by contracting affordable, stable and reliable generation for residents and businesses while securing investments that will be a key source of local job creation and economic growth.

Securing clean, reliable baseload power for decades to come is part of the government’s plan to build Ontario up. The four-part plan is includes investing in people’s talents and skills, making the largest investment in public infrastructure in Ontario’s history, creating a dynamic, innovative environment where business thrives and building a secure retirement savings plan.

 Ontario Minister Of EnergyBob ChiarelliQUOTES

“This agreement makes 23,000 jobs possible and supports an estimated $6.3 billion in annual, local economic development. Our updated agreement with Bruce Power secures 6,300 MW of emission-free, low-cost electricity supply. These actions will save the electricity system $1.7 billion and provide important relief for electricity consumers.”

— Bob Chiarelli, Minister of Energy

““Today is a major milestone in the history of Bruce Power as we build on our existing agreement with the province and extensive experience to enter the next phase of our site development. This provides us the opportunity to secure our long-term role as a supplier of low-cost electricity by demonstrating we can successfully deliver this program incrementally.”

— Duncan Hawthorne, President and CEO, Bruce Power

QUICK FACTS

  • Following the release of the 2013 LTEP, the amended BPRIA was negotiated over two years by the Independent Electricity System Operator (IESO).
  • The Bruce nuclear site is the world’s largest operating nuclear facility. Since it was formed in 2001, Bruce Power and its industry partners have engineered and developed first-of-a-kind technologies that helped return four dormant nuclear units to service.
  • Nuclear energy plays a fundamental role in Ontario’s electricity system. It provides over half of Ontario’s annual generation, meeting most of Ontario’s baseload requirements.

LEARN MORE

 

Supplemental- The CANDU Bruce Nuclear Generating Station on Lake Huron is the largest nuclear power plant in the world.

Ontario takes actions to eliminate deficit- LCBO headquarters for sale, will end public funding of horseracing

Ontario will end tax payers subsidy of horseracing and sell the LCBO headquarters in its efforts to combat the provinces deficit

Ontario’s newest actions to eliminate the deficit are critical to job creation and economic growth, says Minister of Finance Dwight Duncan. The Ontario government is moving forward with a responsible plan to eliminate the deficit so that more jobs are created and the economy continues to grow.

Since the introduction of the 2011 Budget, growth in the global economy has slowed. This means additional steps must be taken to slow down the rate of growth of government spending in order to keep the plan to eliminate the deficit on track.

Ontario Finance Minister Dwight Duncan outlined today the next steps in the government’s plan to eliminate the deficit. These steps will give Ontarians better value for money and lead to improved public services.

The LCBO headquarters, currently located on some of the most valuable, under-developed real estate in Canada, will be sold and redeveloped. A retail store will remain in the vicinity while the headquarters will be moved. The LCBO will realize ongoing savings and after the land is sold and a new, modern facility is built, it is expected to generate well over $200 million for taxpayers.

The government will move to greater involvement of the private sector in ServiceOntario through a strengthened public-private partnership. This will deliver better value for money and improve customer service for families.

Since 1998, Ontario taxpayers have been supporting horseracing with a subsidy of up to $345 million a year. The province will evaluate that subsidy given the need to continue to invest in health care and education.

Minister Duncan reiterated that the government is on track to meet its deficit target this year, and said these new measures will help ensure the government stays on track to eliminate the deficit by 2017–2018.

QUOTES
“Eliminating the deficit is essential to continued economic growth and job creation. A strong economy supports the schools and hospitals families rely on. Our plan will eliminate the deficit by 2017–2018.”
— Dwight Duncan, Minister of Finance

QUICK FACTS
 The LCBO property currently includes head office space and a large warehouse dating from 1954. It also contains a flagship store, which will be redeveloped nearby.
 About two-thirds of ServiceOntario’s in-person service locations are already operated by private sector partners.
 With 17 locations, Ontario has more racetracks and provides more public funding than any other place in North America. The cost of the current horseracing subsidy would pay for over 27,800 hip or knee replacement surgeries or provide over 9 million hours of home care.

LEARN MORE
Read about the revitalization of Ontario Place. Read http://www.ontario.ca/en/initiatives/progressreport2011/index.htm

FOR MEDIA INQUIRIES ONLY:
Aly Vitunski, Minister’s Office, 416-325-9819
Scott Blodgett, Ministry of Finance, 416-325-0324
www.ontario.ca/finance-news
*Disponible en français

Ontario Green Party Vows To Protect Our Water


FOR IMMEDIATE RELEASE

GREEN PARTY LEADER LOOKS AHEAD; COMMITS TO PROMOTING CHANGE DURING MINORITY GOVERNMENT

Toronto – The Green Party of Ontario promises to continue to promote positive change during this minority session of government.
“I am proud of the Green Party’s campaign. The historic gains we made in terms of volunteers, membership and fundraising are accomplishments that build for the future,” said Mike Schreiner, Leader of the Green Party of Ontario.
“I’m disappointed, but not discouraged by the outcome of the election,” said Schreiner. This election saw the lowest voter turnout in Ontario’s history, and created a minority government.

“We’ve established a solid foundation for the Green Party to grow. The policies articulated in our platform are what Ontario needs, and our organization grows stronger by the day. Unfortunately, vote totals don’t always reflect the strength of a party. I am especially committed to strengthening our democracy by re-engaging the people who didn’t vote this time.”
The Green Party will continue to promote solutions that move the province forward toward a sustainable future for ourselves, our children and future generations. “Our campaign focused on key issues that won’t go away. We will continue to challenge the old parties on tackling tough challenges including local job creation; climate change; access to healthy local food; and responsible government that protects our water, preserves our farmland and puts the needs of our communities ahead of special interests,” says Schreiner.

Contact:

Becky Smit
Green Party of Ontario
(c) 647-830-6486
(o) 416-977-7476
(e) beckysmit@gpo.ca Sent from Green Party of Ontario

PO Box 1132
Toronto, ON M4Y 2T8
Canada