NDP's Horwath touts party's plan for tax credit to create jobs

The Canadian Press
May 8, 2014 08:49 AM

Ontario NDP leader Andrea Horwath holds a book titled "Mrs Zhivago of Queen's Park" she found in the Attic Books store while campaigning in downtown London, Ont., Thursday, May 8, 2014. THE CANADIAN PRESS/Dave Chidley

NIAGARA FALLS, Ont. - NDP Leader Andrea Horwath says only her party can be trusted to create new jobs in Ontario.

She visited a Niagara Falls auto parts plant Thursday morning to tout a tax credit that would compensate employers for bringing on new staff — a goal she says the Liberals and Tories can't be trusted to do.

The $500-million, two-year plan would pay 10 per cent of a new employee's first-year pay, to a maximum of $5,000 per worker and $100,000 per company.

Horwath says the plan would create up to 170,000 "good-paying jobs" and that her party would make sure the cash doesn't go to low-skilled positions or companies that end employment after the year is up.

She says funding for the program would come from finding efficiencies in a government spending review, but couldn't offer further details.

The NDP brought up the tax credit proposal earlier this year, and earlier pitched the idea during the 2011 provincial election campaign.

Note to readers: This is a corrected story. An earlier version said the NDP plan would create 120,000 jobs.

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