Today, the Ontario Chamber of Commerce released its 2022 provincial budget submission, focused on economic recovery, resilient communities, and modernizing regulation and fiscal policy. Read the release
The submission calls for policies that lay the groundwork for sustained growth across Ontario’s diverse regional economies by supporting the sectors and demographics hardest hit by the pandemic, building the infrastructure and workforce of the future, and reducing red tape to bolster investment and economic growth.
This year’s provincial budget comes at a critical juncture for Ontario businesses and the economy as we continue to grapple with the ongoing COVID-19 pandemic. Given the unpredictability of the virus and its potential spread, government must be nimble and transparent in its future response to rebuild business confidence and drive recovery.
Recommendations to government in this year’s submissions include:
- Support entrepreneurship and small business growth with targeted business supports and access to public sector procurement.
- Strengthen Ontario’s workforce by boosting immigration and training programs.
- Make housing more affordable through increased supply and regulatory reforms.
- Advance regional transportation and broadband infrastructure projects.
- Bolster our health care system and address major backlogs in diagnostics and cancer screenings.
- Seize Ontario’s opportunity to lead in the global green economy.
- Remove barriers to interprovincial trade and labour mobility.
The recommendations outlined in OCC’s budget submission were developed together with businesses, associations, post-secondary institutions, and the Ontario Chamber Network.