The Canadian Manufacturing has set three urgent priorities to lay the foundation for an advanced manufacturing strategy. PHOTO courtesy Sandvik Coromant.
Members of the Canadian Manufacturing Coalition (CMC), a group representing Canada’s manufacturing trade associations, are meeting Ministers and MPPs today at Queen’s Park to discuss how government and industry can work together to drive investment in manufacturing and grow the sector.
Manufacturing representatives are meeting with George Pirie, Minister of Mines, Grayson Smith, Minister of Natural Resources and Forestry, and Charmaine Williams, Associate Minister of Women’s Social and Economic Opportunity, as well as MPPs, political staff, and officials.
“We look forward to meeting with MPPs across party lines and government officials to stress the importance of manufacturing, address the challenging investments for the sector, especially with the recent passing of the Inflation Reduction by the U.S., and to inform Ontario’s Advanced Manufacturing Strategy,” said Dennis Darby, Chair of CMC, and President & CEO of Canadian Manufacturers and Exporters (CME).
To lay a foundation for an advanced manufacturing strategy, Ontario should act on three urgent priorities, CMC states in a release:
Lower the Cost of Doing Business
- Lower electricity rates to mitigate the recent rise of the Hourly Ontario Energy Price (HOEP).
- Eliminate the Business Education component of property tax and switch to annual assessments for greater predictability.
- Reduce red tape by $700M in next four years (20% increase over last mandate).
- Renew the Provincially Significant Employment Zones framework to protect employment lands.
Get Manufacturers the Workers We Need
- Introduce a new tax credit to support Work Integrated Learning and automation training for employees (covering 50% of employer expenditures).
- Include manufacturing employers in initiatives to promote STEM education and introduce a single online window matching apprentices with employers.
- Expand immigrant intake through the provincial nominee program.
Support Business Scale Up and Investment
- Expand the Ontario Made Program and make it permanent.
- Ensure competitive investment support programs for technology, training, environment (matching recent US investments), and exports.
- Leverage government procurement through the Building Ontario Businesses Initiatives (BOBi) to drive commercialization and scale-up.
“An Ontario manufacturing strategy built around these three pillars will sustain investment and preserve the competitive position of manufacturers from across the province,” concluded Darby. The Canadian Manufacturing Coalition is comprised of roughly 50 major industry groups, united by a common vision for a world-class manufacturing sector in Canada. The member organizations represent roughly 100,000 companies and 1.8 million workers, coast to coast.