PROTECTING MANUFACTURING GROWTH WHILE BUILDING 1.5 MILLION HOMES

TORONTO, Aug. 27, 2024 /CNW/ - Canadian Manufacturers & Exporters (CME) applaud the Government of Ontario's introduction of a new land use protection clause that supports the growth of industrial operations across the province.

The updated Provincial Planning Statement includes a new clause requiring any new development within 300 metres of employment areas to either avoid impacting these zones or, if unavoidable, mitigate any negative effects on their long-term success.

"The introduction of this new clause is a direct result of CME's persistent advocacy on behalf of our members," said Dennis Darby, President & CEO of CME. "We have consistently called for an investment-friendly industrial land policy that safeguards the strategic employment zones vital to the province's economy. This latest change is a significant step forward in ensuring Ontario remains a prime location for manufacturing investments."

As the province aims to build 1.5 million homes by 2031, CME has stressed the importance of balancing this housing development with the protection of employment lands. "The updated Provincial Planning Statement strikes a balance, supporting residential growth while ensuring manufacturers have the space they need to grow and thrive," added Darby.

As new policies and guidelines under the updated Provincial Policy Statement are created and implemented, CME remains committed to collaborating with the Ontario government and industry partners to further enhance the growth and competitiveness of Ontario's manufacturing sector.

ABOUT CANADIAN MANUFACTURERS & EXPORTERS (CME)

From the first industrial boom in Canada, CME has advocated for and represented member interests. 150 years strong, CME has earned an extensive and effective track record of working for and with 2,500 leading companies nationwide. More than 85 per cent of CME's members are SMEs and collectively account for an estimated 82 per cent of total manufacturing production and 90 per cent of Canada's exports.

SOURCE Canadian Manufacturers & Exporters

FOR MORE INFORMATION: Jane Taber, Vice President, Public Affairs, NATIONAL Public Relations, C: 902-209-9512, [email protected]