5 KEY BUDGET PRIORITIES
1. TACKLE THE DEFICIT
2. CREATE WINNING BUSINESS CONDITIONS
3. PLUG THE SKILLS GAP
4. MOVE FASTER ON THE RING OF FIRE
5. EXPORT ONTARIO TO THE WORLD
LAND THE PLAN AND FUND THE NECESSARY INFRASTRUCTURE
The Ring of Fire is Ontario’s 100-year mining opportunity. A recent
report by the OCC, Beneath the Surface: Uncovering the Economic
Potential of Ontario's Ring of Fire, finds that its development will bring
Ontario tens of billions of dollars in economic activity over the first
30 years of its operation.
However, its development requires large infrastructure investments
in order to ensure access to mine sites and reliable energy supplies.
What can government do?
The Government of Ontario needs to play a leading role in ensuring
that the infrastructure needed to develop the Ring of Fire is put into
place. It must develop and fund a plan for long-term infrastructure in
the Far North.
The Government of Canada should take a more active role in
the development of the Ring of Fire. At a minimum, the federal
government should match any provincial investments made in
infrastructure.