Hudak Shares Ideas to Rebuild Ontario’s Export-Driven Economy with Indian Trucking Association


News

Ontario PC Leader Tim Hudak met with members of the Indian Trucking Association today to share ideas on how to rebuild Ontario’s export driven economy and improve cross-border trade with the United States – Ontario’s largest trading partner.

Dalton McGuinty has failed to take a strong stand against the thickening of the Canada-US border. Hudak called on McGuinty to instead work closely with neighbouring US states and federal leaders to halt and reverse this slide.

In addition to the Canada-US border, the success of Ontario’s trucking industry is also tied to the success of Ontario’s manufacturing sector. Hudak added an Ontario PC Government would put the economy first and work to create the right business climate for trade and investment through lower taxes and red tape reduction.

Quotes

“Ontario deserves a government that backs up its talk about expanding Canada-US investment and trade with real action. Dalton McGuinty is content to let Ontario sit at the back of the pack, when Ontario should be leading the way.”

– Ontario PC Leader Tim Hudak

“Now, more than ever, Ontario can not afford to lose trading US partners through higher taxes and more red tape. It must be the Premier’s top priority to create the right climate for investment and trade through a competitive tax structure and the reduction of unnecessary red tape.”

– Ontario PC Leader Tim Hudak

Quick Facts

  • According to the Ontario Trucking Association, trucks haul 90% of consumer goods and foods and 75% of Ontario’s trade (by value) with the United States.
  • Under Dalton McGuinty, Ontario’s trucking industry is experiencing tough times. Truck drivers took 1.5 million fewer cross-border trips in 2009 compared to 2008, and 2.3 fewer trips than in 2007.
  • Bankruptcies in Ontario’s trucking industry hit record highs in recent years. In 2007, 157 companies declared bankruptcy, followed by 171 companies in 2008 (an all time high in Ontario). The Ontario Trucking Association estimated this trend continued into 2009.
  • To read more about the ideas Tim Hudak and the Ontario PC Caucus are bringing forward to create jobs and grow the economy, please visit www.10for2010.ca

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