Affordability Concerns Too Significant to Ignore This Election

(TORONTO- May 18, 2022) –Today, Rocco Rossi, President and CEO, Ontario Chamber of Commerce (OCC), released the following statement:

“While polls continue to indicate that affordability is a top concern for voters this election, parties have not expressed a clear plan to tackle this issue. Businesses are worried that high cost of living will continue to impact their ability to attract and retain talent. Housing affordability, for example, is critical to workforce productivity and business competitiveness.

“A recent national survey indicated that 30 percent of new immigrants to Canada are citing high cost of living as a reason they would look to move to another country in the next two years. More Ontarians moved to Quebec than the reverse in 2021 — a first on record. Ontario’s next government needs to make life more affordable in this province. Otherwise, our economy is at stake.

“Affordability concerns are too significant to ignore this election. We call on all parties to outline how they plan to make life more affordable in Ontario.”

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About the Ontario Chamber of Commerce
For more than a century, the Ontario Chamber of Commerce (OCC) has been the independent, non-partisan, indispensable partner of Ontario business. The OCC’s mission is to support economic growth in Ontario by defending business priorities at Queen’s Park on behalf of its network’s diverse 60,000 members.

For more information or to arrange an interview:

Andrea Carmona
Manager, Public Affairs
andreacarmona@occ.ca| Mobile: (647) 234-0255