CRFA gives Ont. budget a C grade
By Canadian Pizza
By Canadian Pizza
March 30, 2011, Toronto – There is a major flaw in Ontario’s provincial
budget, according to the Canadian Restaurant and Foodservices
Association (CRFA). The association claims the budget fails to offer a
plan to help Ontario’s $23 billion restaurant industry grow.
“Over the past decade, Ontario’s restaurant sector created more jobs than the forestry, fisheries, agriculture and finance sectors combined. It created more than four times the jobs created in the auto sector,” says Garth Whyte, president and CEO of the CRFA. “Yet when you look in the 2011 Ontario Budget, there is a plan for the manufacturing, automotive, agriculture, financial services, mining, tourism, forestry and information and technology sectors – but no plan for the restaurant sector.”
“This major oversight downgrades this budget report card from a good grade to a passing grade,” says Ron Reaman, CRFA’s vice-president for Ontario. “The government has missed a golden job-creating opportunity by not outlining a plan for the restaurant sector that is so important to every community in the province.”
The budget gets good grades for focusing on reducing the deficit by finding savings through expenditure reductions and program efficiencies rather than increasing taxes. However the CRFA’s budget report card, which evaluates the budget for fiscal policies that create conditions for the industry’s success and a strong overall provincial economy, is more of a mixed bag.
Below is the CRFA’s 2011 Ontario Budget Report Card:
Restaurant and foodservice jobs
In a press release, the CRFA awarded the budget a passing grade of C, noting: “While there were some steps in the right direction, the Government of Ontario needs to do more to recognize the critical role of Ontario’s $23 billion restaurant industry. More is needed to instill confidence in the province’s business environment so that the restaurant industry can continue to invest, create jobs and grow in the future.”