Monday, October 19, 2009

Ontario Cuts Funds for Entrepreneurs

The Liberals are not helping the economy get back on its feet. Read this article and see why.

During these omnipresent troubled economical times, the Ontario government has now put a hold on further funding for two potentially stimulating programs. The future does not look bright for anyone in Ontario who is planning on starting their own business. In the past year, thousands of people have been laid off from their jobs because of businesses closing down. We have a financial crisis in our province and many people are not even eligible for employment insurance. The government seems to be turning a blind eye to the problem, shutting many Ontarians out in the cold.

Most job loss has occurred in the manufacturing sector. Certain communities have been hit harder than others. The provincial government has decided to pull the plug and stop accepting any further applications from anyone wanting to pursue education and create a new business. What are the unemployed supposed to do? Because of the funding cuts, there won't even be any research carried out to explore job creation. The unemployment stats are misleading because anyone who doesn't qualify for employment insurance fall off the radar. While the numbers continue to show a decrease in unemployment rates, the reality of it hardly compares.

In light of recent reports of government funded organizations wasting billions of taxpayer dollars on programs that ultimately made zero headway in accomplishing what they started out to do, really is a slap in the face for the thousands of unemployed people of Ontario.
Perhaps we are in need of a change of government in this province, since it seems that their list of promises that remain unleashed keeps growing, and any hope of recovering from this economic downturn continues to diminish.
Anyone still working in Ontario should be very thankful for what they have. I feel badly for the one's who don't know how they are going to make ends meet, or how they are going to begin to start over.

3 comments:

Matthew.67 said...

Bingo! You hit this one right on the head... Government statistics can be extremely misleading on purpose, just to prop up the current elected bodies image. Sad really how the system that we rely on in our daily lives from the Goverment to the judicial system is nothing more than a perfect cash generating machine.... for the powers that be to thrive.

Taxes, over policing, lawmakers, lawyers, the list goes on and on...and the trough just keeps filling up with YOUR hard earned money going to waste, while trying to earn a living and keep your head above water.

pure insanity.

Unknown said...

In Hamilton, the Small Enterprise Business Development Centre in Jackson Square provides a lot of free assistance to those contemplating starting their own business. They do a super job and are worth checking out!

Weezie said...

Thank you Matthew and Allyson for replying to this blog.

Allyson, it's good to know there are good organizaions out there helping people get back on their feet, instead of just trying to capitalize off the unfortunate.

Matthew, I agree that there are areas where the insanity just has to be stopped.