Monthly Archives: November 2012
TORONTO — A new report says Ontario businesses need to start spending the “dead cash” languishing in coffers if the province wants to prevent “slow or stagnant” economic growth.
The Task Force on Competitiveness, Productivity and Economic Progress says Ontario’s economy can no longer afford for companies to hold onto “larger cash balances” instead of investing the money to trigger more productivity.
“Companies need to step up their efforts to grow the economy, and counterbalance risk by producing higher returns,” urged the 74-page report released on Thursday, titled A Push for Growth: The Time is Now.
“Given the higher level of cash balances, this is the time to turn this situation around and for companies to innovate and invest in productivity-enhancing projects.”
The task force was created in 2001 by the Ontario government to monitor economic progress compared to the other provinces and the United States.
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Policy actions that aim to reduce CO2 emissions are unlikely to influence future climate. Policies need to focus on preparation for, and adaptation to, all dangerous climatic events, however caused
On November 9 this year you told the General Assembly: “Extreme weather due to climate change is the new normal … Our challenge remains, clear and urgent: to reduce greenhouse gas emissions, to strengthen adaptation to … even larger climate shocks … and to reach a legally binding climate agreement by 2015 … This should be one of the main lessons of Hurricane Sandy.”
On November 13 you said at Yale: “The science is clear; we should waste no more…
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