Ontario Federation of Labour

Ontario Federation of Labour

March 11, 2009 17:06 ET

Kitchener Waterloo - OFL to release 4 point economic plan March 12

RESPONDING TO JOB LOSS AND BUILDING FOR GROWTH, An Economic Plan that works for everyone

Attention: Assignment Editor, Business/Financial Editor, Media Editor, News Editor, Government/Political Affairs Editor TORONTO, ONTARIO--(Marketwire - March 11, 2009) - RESPONDING TO JOB LOSS AND BUILDING FOR GROWTH
AN ECONOMIC PLAN THAT WORKS FOR EVERYONE
OFL News Conference in Kitchener, Ontario
Responding to Job Loss and Building for Growth
To be released at 11:00 a.m., Thursday March 12, 2009
Waterloo Regional Labour council
130 Highland Road East
Kitchener, Ontario

Ontario is in the midst of the economic storm, and Kitchener-Waterloo is one of the regions hardest hit. To move the province out of the recession and into a sustainable future, the Ontario government has to be strategic and aggressive, says the Ontario Federation of Labour (OFL).

OFL president Wayne Samuelson will be joined by local labour leaders in Kitchener on Thursday, March 12 to release the OFL's four-point plan for Ontario's response to the economic crisis. The plan focuses on: government intervention to keep the lights on in struggling industries; targeted infrastructure investments to create new jobs now and build sustainable infrastructure for the future; maintaining vital government services when they are most in need and, moving forward on investments in poverty reduction.

The crisis in manufacturing and forestry is spreading across the entire economy. Ontario lost 138,000 jobs between October 2008 and January 2009, thousands of them in the greater K-W area.

The Ontario government will deliver a new budget on March 26. It has the power and opportunity to stave off the worst of a recession, build a stronger and more sustainable economy, and to provide relief to people that really need help, says the OFL.

"Ontario needs a plan that works for everyone," says Samuelson.

Speaking at the news conference:
Wayne Samuelson, President, Ontario Federation of Labour
Len Carter, President, Waterloo Regional Labour Council
/For further information: Wayne Samuelson
President
Ontario Federation of Labour
416.571.7408 cellular/ IN: ECONOMY, FINANCE, LABOUR, MEDIA, POLITICS

Contact Information

  • Dana Boettger, Communications, Ontario Federation of Labour, Ontario Federation of Labour
    Primary Phone: 416-441-2731 ext. 665
    Secondary Phone: 416-443-7665
    Toll-Free: 800-668-9138
    E-mail: dboettger@ofl.ca