Ontario Job Market Fails to Recover Under Wynne Government: FAO
January 25, 2017QUEEN’S PARK – The Financial Accountability Officer (FAO) has confirmed that the failed policies of the Wynne government have hurt job growth and employment prospects in Ontario, Nipissing MPP Vic Fedeli said today.
In his latest report, the FAO notes that Ontario has experienced a decrease in the share of both full-time and private sector positions and that the province’s “employment rate remains well below pre-recession levels.”
The FAO also found that employment prospects for youth remain stagnant as young people in the province face unemployment rates of nearly 15%, well above the national average. Regarding regional disparity, the FAO noted that certain regions, particularly Northern and Southwestern Ontario, have been disproportionally impacted by the government’s failed policies.
“The fact is a vast majority of Ontarians are worse off under the Wynne government. An unprecedented number of families and businesses have been plunged into energy poverty because of this government’s policies and Statistics Canada has found that median family income growth in Ontario has been substantially lower than the national average,” said Fedeli.
“Now the FAO has confirmed that Ontario is facing stagnant job growth and has failed to recover under the weight of this government’s misguided policies and years of waste, mismanagement, and scandals,” Fedeli added.
“The fact is the Wynne government has transformed Ontario from an attractive place to invest to one of the highest-cost jurisdictions in North America to do business. Premier Wynne’s flawed and costly cap-and-trade scheme will only make matters worse and place an even greater chill on job creation.”
“Clearly this government is not creating the right environment for job creation and investment in Ontario, and a new direction is needed to rectify this. The Wynne government has no plan to address the economic mess they’ve created in Ontario,” Fedeli concluded.