May 9, 2014 11:06 am

NDP’s Horwath repeats pledge for investment tax credit

Ontario NDP leader Andrea Horwath arrives at a campaign stop in Toronto on Wednesday

THE CANADIAN PRESS/Frank Gunn

WINDSOR, Ont. – NDP Leader Andrea Horwath is repeating an earlier pledge to bring in an investment tax credit to boost the province’s manufacturing sector.

Horwath made a campaign stop Friday at a Windsor metalworking plant churning out auto parts and shopping carts to underline what she says is the need to strengthen Ontario industry and create good jobs.

Story continues below

She says her proposal would create “tens of thousands” of jobs by offering businesses a 10 per cent tax credit on machine and equipment spending to the tune of $500 million over two years, with no per-company cap.

READ MORE: Wynne defends jobs plan after Brampton food plant says it will close

It’s the second time in as many days Horwath has repeated an existing party policy – this one dating back several years – but she says the ideas are still new because they haven’t been done in Ontario.

Horwath promised the NDP would be “thoughtfully and methodically” releasing its platform throughout the campaign, and that it will include action on child care.

READ MORE: Hudak to cut 100,000 public sector jobs if Tories win election

Her itinerary for Friday has her stopping in Woodstock before speaking to a convention of the Ontario Public Service Employees Union in Toronto.

Ontario Election 2014: Full Coverage

Report an error

Comments