CME APPLAUSES COMMITMENT TO ESTABLISH MANUFACTURING STRATEGY

TORONTO, April 29, 2022 /CNW/ – Canadian Manufacturers & Exporters (CME) Welcomes Commitment from Ontario Budget 2022 to work side-by-side with manufacturing to create an advanced manufacturing strategy. CME is also pleased to see commitments to new investments in workforce, infrastructure and innovation.

Answering CME’s Long-Awaited Call: Creating a Manufacturing Strategy

“Manufacturers have been calling for an integrated strategy for a long time. The province’s commitment to creating an advanced manufacturing strategy is essential to from Ontario prosperity and growth for the next generation. CME looks forward to working with the province and our members on developing this strategy to provide manufacturers with the workers we need, lower the cost of doing business, and support business growth and investment,” said Denis DarbyPresident and CEO of CME.

CME is also pleased to see the creation of an Advanced Manufacturing Council to help inform strategy. CME members are ready and willing to raise their voices to help shape a strategy that has a direct impact on their daily lives.

Skills and labor shortages: Getting the workers we need from manufacturers

The main concern for manufacturers remains the availability of skilled workers. MEC is pleased with the renewed commitment of $114.4 million in the Skilled Trades Strategy and $6.9M to improve the Investing in Women’s Future program.

CME also supports the $15.1M investment to grow the Ontario Provincial Nominee Program and make it more responsive to the needs of Ontario employers.

“At the end of 2021, Ontario manufacturers had nearly 31,000 vacancies, an indication of the acuteness of skills and labor shortages in our sector. While these measures are welcome, a comprehensive workforce strategy must be created to address today’s labor shortages and train tomorrow’s workers,” adds Darby.

Infrastructure: Supporting movement of goods and local supply chains

Ontario also invests in the infrastructure our province needs and the local supply chains that support them. We welcome the $21.5 billion investment in highway upgrades and critical transit purchase and refurbishment contracts that will support well-paying manufacturing jobs in Northern Ontario.

“The reliable and efficient movement of goods and people is essential for the manufacturing sector. CME has long called on the province to protect infrastructure and welcomes the commitment of $96 million over three years to protect critical infrastructure from unlawful disruption such as blockages,” says Darby.

Investment Supports: Innovation is Key to Strengthening Ontario’s Competitiveness

CME was pleased to see several measures designed to improve from Ontario the performance of investments and innovation, including new life sciences and low-carbon hydrogen strategies, and the $107 million three-year investment to support access and commercialization of critical new technology initiatives.

Also note a commitment of $91 million in electric vehicle charging infrastructure, establishing a critical minerals strategy and connecting the Ring of Fire to the rest of the province to unite the province in developing the future of our automotive sector.

“MEC will continue to work with the provincial government on our shared goal of driving innovation and long-term economic growth for from Ontario manufacturing sector to support the prosperity of all Ontarians. While Budget 2022 is a step in the right direction, our work is not done to remove the barriers to allow from Ontario manufacturing sector to grow and prosper, not just today, but for years to come,” concluded Darby.

FAST FACTS

  • from Ontario the manufacturing sector employs nearly 775,000 Ontarians

  • The 36,200 manufacturing companies in the sector also directly generate more than 12% of the province’s GDP and more than three-quarters of its merchandise exports.

  • Taking into account direct and indirect impacts, the sector’s footprint represents more than 30% of from Ontario economic activity

ABOUT CANADIAN MANUFACTURERS AND EXPORTERS (CME)

From the first industrial boom in Canada, CME defended and represented the interests of the members. 150 years old, CME has extensive and effective experience working for and with 2,500 leading companies nationwide. More than 85 percent of CME members are SMEs and collectively account for approximately 82 percent of total manufacturing output and 90 percent of from Canada exports.

Like from Canada A leading business network, CME, through various initiatives including the Canadian Manufacturing Coalition, reaches over 100,000 companies from coast to coast, engaged in manufacturing, global trade and their supply chains. integrated supply.

SOURCE Canadian Manufacturers and Exporters

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