And growing the eConomy 2013 - Ministry of Finance

Creating Jobs

and

Growing the Economy

2013

ONTARIO ECONOMIC OUTLOOK and FISCAL REVIEW

The Honourable C h a r l e s S o u s a

Minister of Finance

B AC KG ROU N D PA P ERS

Creating Jobs

and

Growing the Economy

2013

ONTARIO ECONOMIC OUTLOOK and FISCAL REVIEW

The Honourable C h a r l e s S o u s a

Minister of Finance

B AC KG ROU N D PA P ERS

For general inquiries regarding the 2013 Ontario Economic Outlook and Fiscal Review, Background Papers, please call: Toll-free English & French inquiries: 1-800-337-7222 Teletypewriter (TTY):1-800-263-7776

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? Queen's Printer for Ontario, 2013 ISSN 1483-5967 (Print) ISSN 1496-2829 (PDF/HTML)

Ce document est disponible en fran?ais sous le titre : Perspectives ?conomiques et revue financi?re de l'Ontario de 2013, Documents d'information

Contents

Table of Contents

Foreword

Managing Responsibly .............................................................................xiv Growing the Economy and Reforming Public Services ................................ xv

Investing in People..................................................................................xvi Canada Pension Plan ........................................................................... xvii Helping Our Youth.............................................................................. xviii Fair Society....................................................................................... xviii

Investing in Modern Infrastructure ............................................................xix Dynamic and Innovative Business Climate ..................................................xxi

Jobs of Tomorrow ................................................................................xxi More Competitive Businesses................................................................ xxii The Need for a Committed Federal Partner ............................................... xxiii Conclusion ........................................................................................... xxiv

Chapter I: Creating Jobs and Growing the Economy

Highlights ................................................................................................ 3

Section A: Jobs and Growth

Introduction ............................................................................................. 7 Responsible Management of Program Expense ........................................... 7 Economic Recovery ................................................................................ 8

1. Investing in People .............................................................................. 10 Leading the Way to Secure Retirement.................................................... 10 Connecting People to Tomorrow's Jobs .................................................... 11 21st-Century Learning........................................................................... 14 Increasing Access to Health Care ........................................................... 18 Keeping Seniors Active ......................................................................... 19 Protecting Consumers........................................................................... 19 Cutting Auto Insurance Rates ................................................................ 22

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