Premier of Ontario delivers the first opening statement in todays First Ministers Conference. In order to maintain a strong economy, Ontario believes that infrastructure building is crucial. This issue has been stressed since the first agenda meeting and it appears that other provinces, such as saskatchewan and manitoba, are also recognizing this as an important issue as well.
Furthermore, Ontario pitches for a single securities regulator. The lack of a single securities regulator in Canada has jeopardized the degree of foreign investment coming into Canada. Thus, Ontario government is advocating for a single securities regulator that is administered across the country. Ontario places emphasis on the current passport system that would translate into a single securities regulator. When a single securities regulator is established, it would increase confidence with Canada and increase employment rate.
Joyce Chan,The Seditious Times