Action for Industrial Growth - Continuing the Dialogue

Action for Industrial Growth : Continuing the Dialogue

An Investment in Canada Achieving Economic Growth and Sustainable Development

Even as economic growth continues to picks up, the improvements regarding long-term unemployment have been very modest.

Without prejudice to the pursuit of structural reforms through the European Employment Strategy, and within the context of a policy strategy aiming at higher growth, higher employment and a more cohesive society, the Commission believes that, while immigration will never be a solution in itself to the problems of the labour market, migrants can make a positive contribution to make to the labour market, to economic growth and to the sustainability of social protection systems.

Valdis Dombrovskis, Vice-President for the Euro and Social Dialogue, also in charge of Financial Stability, Financial Services and Capital Markets Union, said: "The EU economy is performing well overall. Economic growth and job creation are robust, investment is picking up and government deficit and debt are gradually decreasing.

When I talk to business, labour and academic interests in Atlantic Canada I hear a desire to pursue new paths to economic growth; not the tired and discredited Liberal policies of trying to stimulate growth through patronage tainted subsidies, grants and handouts to the few, but new and more credible policies. I will list them: tax relief for the many to put more dollars in the pockets of consumers to spend and Atlantic business to invest; a concerted effort to expand trade between Atlantic Canada and the New England states, which was the basis of the old Atlantic economy before it entered Conf ...[+++]ederation and in which Atlantic Canada was stronger than it is now; a vigorous effort to expand Atlantic rim trade to make Atlantic Canada the gateway for European-North American trade; rebuilding the infrastructure of the whole east coast through public-private partnerships, but partnerships acceptable to the province and untainted by federal Liberal patronage; creating a tax and investment environment conducive to the growth of the knowledge industry in Atlantic Canada to take advantage of the many excellent institutions of higher learning and to create 21st century jobs for Atlantic Canadian youth close to home.