Tuesday, September 20, 2011

compare party platforms. easily.



You want a job? I want a job! Hopefully we don't want the same job, or else one of us is going to be unemployed :(
No, that was a poor joke; but job creation is a major policy area being explored in each party's platform. All the parties have the overarching goal of keeping everyone employed, at a decent wage, but the mechanisms they use differ between parties. Should we hire more underutilized immigrants? Should we cut corporate taxes so they can expand their business and hire more employees? or should we hire more bureaucrats to help promote small business on a national and global scale?
The Globe and Mail has compiled party's Provincial platforms for specific policy areas. It is nice to see all the headlining grabbing proposals all in one place. It is limited in scope and there is no way to tell what was left out without actually reading their platforms in their entirety. But who cares? It is so easy to use! Below I have copied the policy proposals regarding Job Creation.

Ontario Liberal Party

-Create a tax credit for businesses that hire skilled newcomers
-Double the premier’s trade missions to eight, to help businesses access new markets
-Make the Northern Ontario Heritage fund and Eastern Ontario Development funds permanent, as well as create a new Southwestern Ontario Economic Development Fund
-Move ahead with the Water Opportunities and Water Conservation Act to develop innovations in clean water technology, with the goal of of creating clean water jobs
-Reduce small business tax rates to 4 per cent

Ontario PC

-Create a tax credit for employers who sponsor language training for newcomers to Ontario
-Introduce a small business “bill of rights,” guaranteeing small businesses a greater voice in new legislations and regulations
-Appoint a minister responsible for eliminating red tape for business owners
-Create a Ministry of Agriculture, Food and Rural Affairs, to assist farmers and small business owners
-Reduce the basic corporate income tax rate from 11.5 per cent to 10 per cent by 2013
-Create 200,000 new apprenticeships over four years for skilled tradespeople

Ontario New Democrats

-Create a 10 per cent tax credit for companies that invest in buildings, machinery and equipment in the province, and for companies who provide training for staff to upgrade their skills
-Create a new 'Job Creation Tax Credit' that would reimburse employers 20 per cent of wages for a new hire's first year, up to $5,000 per employee.
-Reduce the small business tax rate to 4 per cent
-Raise corporate tax rate back to 14 per cent, where it was in June of last year before the implementation of the HST
-Make it law for government contracts to be rewarded to Ontario companies
-Reject the London Stock Exchange’s takeover of the Toronto Stock Exchange
-Amend Ontario’s mining act to make it law that resources mined in Ontario must also be processed in Ontario 

Check out the rest of the policy areas and each parties stance, by clicking HERE

No comments:

Post a Comment