Toronto Board of Trade

Toronto Board of Trade

April 15, 2005 14:45 ET

Open Letter to Prime Minister Martin

Meet With Premier McGuinty Now Attention: Business/Financial Editor, City Editor, News Editor, Government/Political Affairs Editor TORONTO, ONTARIO--(CCNMatthews - April 15, 2005) - The Toronto Board of Trade today sent the following open letter to Prime Minister Paul Martin:

"Mr. Prime Minister;

On behalf of the Toronto Board of Trade and its nearly ten thousand members, I am writing to urge you to meet with Ontario Premier Dalton McGuinty as soon as possible.

You are reported to be reluctant to discuss your disagreement with the Premier over the fiscal imbalance between your governments, and to have said you will only meet to talk about 'substantive issues'.

Fair enough. Here are some of the substantive issues the two of you could discuss that would help meet Ontario's and Toronto's urgent needs without having to use the words 'fiscal gap':

- Sufficient resources for the multi-billion dollar needs of public transit in the GTA
- New support for affordable housing that does NOT demand matching funds
- Fair funding for the costs of immigrant settlement
- Action, not more words, on revitalizing Toronto's waterfront

Sooner or later, your government will have to deal with the growing demands across the nation for a fairer fiscal balance between levels of government. You and Premier McGuinty have an opportunity to demonstrate how this can be achieved by cooperatively addressing important issues.

There is much that you and Premier McGuinty can talk about and act upon. It is time for you to take the meeting, and to take it seriously.

Yours truly,

Glen Grunwald
President & CEO, Toronto Board of Trade"

The Toronto Board of Trade is the champion of a competitive and vibrant Toronto with a mandate to serve, represent and unite the city's business community. Founded in 1845, the non-profit organization now boasts nearly 10,000 members, including businesses of every size and type, and operates at four locations across Toronto. Further information about Board events, policies, advocacy and products is available on its website at

/For further information: IN: ECONOMY, FINANCE, POLITICS

Contact Information

  • Glen Stone, Public Affairs Manager
    Primary Phone: 416-862-4565