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GOVERNMENT POLICY –
JOBS AND PROSPERITY
FUND - ONTARIO
BY: PAUL YOUNG CPA, CGA
DATE: SEPTEMBER 15, 2017
PAUL YOUNG - BIO
• CPA, CGA
• Academia (PF1, FA4 and MS2)
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Financial Solutions
• SME – Supply Chain Management
Contact information:
Paul_Young_CGA@Hotmail.com
JOBS AND PROSPERITY FUND
Source - https://www.ontario.ca/page/jobs-and-prosperity-fund
JOBS AND PROSPERITY FUND
• Source - https://www.investinontario.com/spotlights/ontario-launches-27-billion-business-incentive-program
AUDITOR-GENERAL REPORT
Source - http://auditor.on.ca/en/content/news/15_newsreleases/2015news_3.04.pdf
FEW SAMPLES OF FUNDING
(Express in thousands
Company Location Value Date Riding MP Link
1RWDI Engineering Guelph
$
1,730 9/15/2017 Liberal Sandals https://www.guelphtoday.com/local-news/guelphs-rwdi-to-add-125-jobs-717976
2Conestoga Meats Kitchener
$
5,300 9/15/2017 Liberal Varnille https://news.ontario.ca/omafra/en/2017/09/ontario-supporting-food-processing-sector-in-waterloo-region.html
3Polycorp Elora
$
1,900 6/15/2017 PC Arnott http://startupheretoronto.com/partners/mentor-works/jobs-prosperity-fund-awards-1-9m-ontario-business-grants/
4 Ippolito Fruit and Produce Burlington
$
1,700 12/16/2016 Liberal MCMahon
https://www.insidehalton.com/news-story/7024245-burlington-produce-processor-getting-some-provincial-money-for-26-6-
million-expansion/
5General Motors Oshawa and St.Catharines
$
40,000 9/16/2016
Liberal and
NDP
Bradley and
French
https://beta.theglobeandmail.com/report-on-business/industry-news/gm-in-line-for-200-million-in-support-from-ontario-
ottawa/article32060730/?ref=http://www.theglobeandmail.com&
6IBM Markham
$
22,750 5/8/2017 Liberal Chan https://www.venturelab.ca/ontario-marks-grand-opening-innovation-space-markham/
7Cyclone Manufacturing Mississauga
$
5,190 8/23/2017 Liberal Delaney
http://www.incentivesmonitor.com/featured_deal/Canadian-based-Cyclone-MFG-offered-US29700-per-job-created-from-
Ontario-
8Legend 3D Inc Toronto
$
3,100 7/26/2017 Liberal Dong http://dailyhive.com/toronto/ontario-legend-3d-partnership-jobs-toronto
JOBS AND PROSPERITY FUND
Source - https://www.thestar.com/news/canada/2016/09/22/ontario-government-gave-out-907m-in-corporate-grants-since-2013.html

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Government policy - Jobs and Prosperity fund - Ontario

  • 1. GOVERNMENT POLICY – JOBS AND PROSPERITY FUND - ONTARIO BY: PAUL YOUNG CPA, CGA DATE: SEPTEMBER 15, 2017
  • 2. PAUL YOUNG - BIO • CPA, CGA • Academia (PF1, FA4 and MS2) • SME – Risk Management • SME – Close, Consolidate and Reporting • SME – Public Policy • SME – Financial Solutions • SME – Supply Chain Management Contact information: Paul_Young_CGA@Hotmail.com
  • 3. JOBS AND PROSPERITY FUND Source - https://www.ontario.ca/page/jobs-and-prosperity-fund
  • 4. JOBS AND PROSPERITY FUND • Source - https://www.investinontario.com/spotlights/ontario-launches-27-billion-business-incentive-program
  • 5. AUDITOR-GENERAL REPORT Source - http://auditor.on.ca/en/content/news/15_newsreleases/2015news_3.04.pdf
  • 6. FEW SAMPLES OF FUNDING (Express in thousands Company Location Value Date Riding MP Link 1RWDI Engineering Guelph $ 1,730 9/15/2017 Liberal Sandals https://www.guelphtoday.com/local-news/guelphs-rwdi-to-add-125-jobs-717976 2Conestoga Meats Kitchener $ 5,300 9/15/2017 Liberal Varnille https://news.ontario.ca/omafra/en/2017/09/ontario-supporting-food-processing-sector-in-waterloo-region.html 3Polycorp Elora $ 1,900 6/15/2017 PC Arnott http://startupheretoronto.com/partners/mentor-works/jobs-prosperity-fund-awards-1-9m-ontario-business-grants/ 4 Ippolito Fruit and Produce Burlington $ 1,700 12/16/2016 Liberal MCMahon https://www.insidehalton.com/news-story/7024245-burlington-produce-processor-getting-some-provincial-money-for-26-6- million-expansion/ 5General Motors Oshawa and St.Catharines $ 40,000 9/16/2016 Liberal and NDP Bradley and French https://beta.theglobeandmail.com/report-on-business/industry-news/gm-in-line-for-200-million-in-support-from-ontario- ottawa/article32060730/?ref=http://www.theglobeandmail.com& 6IBM Markham $ 22,750 5/8/2017 Liberal Chan https://www.venturelab.ca/ontario-marks-grand-opening-innovation-space-markham/ 7Cyclone Manufacturing Mississauga $ 5,190 8/23/2017 Liberal Delaney http://www.incentivesmonitor.com/featured_deal/Canadian-based-Cyclone-MFG-offered-US29700-per-job-created-from- Ontario- 8Legend 3D Inc Toronto $ 3,100 7/26/2017 Liberal Dong http://dailyhive.com/toronto/ontario-legend-3d-partnership-jobs-toronto
  • 7. JOBS AND PROSPERITY FUND Source - https://www.thestar.com/news/canada/2016/09/22/ontario-government-gave-out-907m-in-corporate-grants-since-2013.html