Page 4 - 2104 Ontario Budget - Ontario Jobs and Economy Plan
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INVESTING IN Ontario will capitalize on its competitive advantages, supporting key sectors, DYNAMIC including autos, fnancial services, information technology and clean tech. SECTORS For example: • Brose Canada, an auto parts manufacturer, is investing to acquire new, state-of- the-art manufacturing equipment to attract new business, increase exports and compete in new markets. The company will create and retain 710 jobs in London. • Cisco Systems is investing $4 billion to make Ontario one of its global R&D ONTARIO WILL CAPITALIzE ON ITS centres, including developing high-end routers used in mobile computing and COMPETITIVE ADVANTAGES, video computing, creating up to 5,000 jobs over the next decade mainly in Ottawa SUPPORTING kEY SECTORS TO CREATE JOBS and Toronto. MANAGING Ontario is providing new and expanded programs to help manage electricity costs ELECTRICITY for businesses. These include discounts for large, growing businesses and a tailored conservation program that helps small businesses and entrepreneurs ease their COSTS energy bills. ONTARIO IS hELPING BUSINESSES SAVE ON ELECTRICITY COSTS 3 ONTARIO JOBS AND ECONOMY PLAN
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