Thursday, September 11, 2008

The Changing Face of the Ontario Economy

In Response to Toronto Star Article: Harper won't guarantee Ontario jobs

This simply goes beyond politics. No amount of political posturing is going to change our economy's present troubles.

Face the facts. Our economy is changing. We can no longer rely on the manufacturing industry, for one simply reason: the cost of labour. We can no longer use the cheap dollar as a crutch in helping our exporters; we had an opportunity to improve efficiencies in the late 90s, slept on that, and now we are paying the consequences.

The bottom line: You aren't going to keep your jobs CAWs. Because you get paid $70/hr in an unskilled position.

The Future: Ontario must start to reshape itself as a place for skilled workers, especially in the areas of innovation. I may be on the other side of the political spectrum as McGuinty, but I will give him due in this area. Premier McGuinty has himself realized the importance of innovation in securing Ontario's place in the emerging global markets. Check out the work that he has done as Minister of Innovation, and the work being done by the newly reorganized Ontario Centres of Excellence. (www.oce-ontario.org/) This group is working to build connections between industry, research and academia, to find the next RIM or Imax.

You simply cannot guarantee jobs, as the NDP or the private unions would have you believe. You cannot bully private companies into keeping jobs in Canada. What you have to do is reshape your industries, keep your workforce current, up to the times, and WELL EDUCATED! As such, the decision to reopen a Windsor plant over the one in Oshawa was simple: The Ford facility is an engine plant, and the money is earmarked for investment in fuel-efficient technologies. That's the future.

No comments: