33293
30773
S&P/TSX
13891.88
-239.57
-1.70%
S&P-CDNX
710.79
+0.57
+0.08%
S&P-500
2037.41
-75.91
-3.59%
NASDAQ
4707.98
-202.06
-4.12%
Dow
17400.75
-610.32
-3.39%
Dollar
0.7692
-0.0164
-2.08%
Oil
48.95
-0.42
-0.85%
Gold
1316.40
+55.20
+4.38%
Silver
17.77
+0.42
+2.40%


Ontario throne speech

Premier Kathleen Wynne will reach out to the opposition parties in Tuesday's throne speech, meeting some key elements on the Conservative and New Democrat agendas as the legislature gets back to business, The Canadian Press has learned.

Making the minority parliament work is one of three key priorities that will be laid out in the speech, which outlines the government's agenda in the new session.

"The people of this province expect all members of the Ontario Legislative Assembly to work together," says the speech, which will be read by Lt. Gov. David Onley.

"It is what they want and what they deserve."

The other two priorities, a strong job-creation economy and a fair society, will round out Wynne's road map for the session, a source said.

The speech will include measures to show there's some common ground among the three parties, the source said.

"The government doesn't believe we are irreparably divided," Onley is expected to say when he reads the throne speech.

The governing Liberals will re-commit to slaying the province's $12-billion deficit by 2017-18. Once the budget is balanced, they will restrict overall government spending increases.

Spending growth will be capped at one per cent below gross domestic product growth, economic growth, until Ontario's debt-to-GDP ratio returns to pre-recession levels, the source said.

"That's something the Conservatives can agree to," the source added.

The speech will also promise to fight youth unemployment, allow welfare recipients to keep more of what they earn when they work, and increase homecare, something both the NDP and the Tories wanted.



More Business News

33186
Recent Trending
30337
33512
Member of the RTNDA
Press Room
33483