February 8, 2010

Ontario Road Builders’ Association convention

McGuinty: We can’t take our foot off ‘public dollar gas pedal’ too quickly

The province must be careful how quickly it “takes (its) foot off the public dollar gas pedal,” Premier Dalton McGuinty told the Ontario Road Builders’ Association during the group’s annual convention in Toronto Feb. 1.

“If banks are reluctant to lend and the private sector is not doing that much spending and consumer confidence isn’t where it should be, we’ve got to be very careful about moving too quickly in government to remove public dollars from the economy,” said McGuinty.

He noted that his government has invested $2.4 billion to support the expansion and rehabilitation of roads and bridges, the largest investment of its kind in the history of the province.

“It seems to me you and I have a shared obligation to protect the system we’ve created and in large measure inherited and strengthen this backbone of our economy – our roads highways and bridges – so that when this global recession fully releases us from its grip, the infrastructure that we need in order to find opportunity and success is built and ready to keep our people and our province moving forward,” McGuinty said.

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