Bob Runciman, now a senator, served as interim leader of the Ontario PC Party and as minister of Economic Development and Trade.
My hometown of Brockville, Ont. was hit with a devastating blow last week with the announcement that multinational consumer-products maker Procter and Gamble is closing its local plant, taking with it 500 jobs.
P&G is Brockville’s largest private-sector employer — only the school board and the hospital employ more. The company has been a model corporate citizen for 40 years, donating millions of dollars to local causes and generally making Brockville a better place.
And I think it is fair to say Brockville made P&G a better company. The local plant has a well-educated, resourceful, diligent workforce. Although the plant made such household cleaning products as Tide and Bounce over the years, it is most famous as the site that pioneered the Swiffer sweeper.
But that’s all history now as P&G joins a growing list of companies leaving Ontario for more hospitable locales, in this case, a new mega-plant in West Virginia.
The company is careful to avoid implying that government policy has anything to do with this, but you will notice these new mega-plants are always someplace other than Ontario. And it’s not hard to see why. About the only thing we are competitive on is corporate tax rates and a low dollar.
For the rest of this article, click here: http://business.financialpost.com/fp-comment/another-multinational-employer-is-fleeing-ontario-and-the-wynne-government-doesnt-seem-to-care