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Provincial Fall Economic Statement

November 15, 2022 3:30 PM | Anonymous member (Administrator)

On Monday, November 14, 2022, Minister of Finance Peter Bethlenfalvy released 

the 2022 Ontario Economic Outlook and Fiscal Review – Ontario’s Plan to Build: A Progress Update. It also includes the first-ever progress report on our government’s Plan to Build Ontario.

Highlights of the first-ever Building Ontario Progress Report, include:

  •  Attracting more than $16 billion in Electric Vehicles and EV battery manufacturing investments over the last 2 years
  • Releasing Ontario’s first critical minerals strategy
  • Attracting $2.5 billion in clean steel investments
  • Delivering 388 training projects, helping more than 393,000 workers take the next step in their careers
  • Adding over 11,700 health care workers to the system
  • Launching the Plan to Catch Up for Ontario’s students
  • Beginning preliminary field work on Hwy 413
  • Starting early construction on the Bradford Bypass
  • Completing construction at Unionville and Rutherford GO Stations
  • Eliminating licence plate renewal fees as well as licence plate stickers, and refunding the past two years of fees for eligible vehicles
  • Investing $950 million in nearly 190 broadband, cellular and satellite projects, bringing access to over 375,000 Ontario homes and businesses

The provincial government also released a slide deck with highlights, which can be viewed here.

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Durham Region Home Builders' Association is a 501(c)6 non-profit organization. 1-1255 Terwillegar Avenue Oshawa, Ontario L1J 7A4

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