This is a video showing Premier Dalton McGuinty in London on November 28, 2011, at Digital Extremes — a video game developer — to announce that the government will be bringing forward legislation to create a new and permanent Southwestern Ontario Development Fund:
Thanks to the successful Eastern Ontario Development Fund, Canadians in Ontario gained the following economic benefits:
- over 11,700 jobs were created and protected
- leveraged over $485 million in investment across Eastern Ontario
Now, Ontario is attempting this economic balancing act: in order to create the new Southwestern Ontario Development Fund as well as make both the Eastern Ontario Development Fund and the Southwestern Ontario Development Fund permanent, the Attracting Investment and Creating Jobs Act must be approved and passed.
The new Southwestern Ontario Development Fund would be modelled on the Eastern Ontario Development Fund,
In the coming months, the province will meet with local business leaders across the region to: