3 – As part of a strategy to develop manufacturing jobs we should look at our advantages. It is odd that Canada has one of the largest pulp and paper industries in the world yet manufactures virtually no equipment for the industry. Sweden and Finland do.

We need an active government strategy to develop industry. The private sector is not doing it on its own.

To assist industrial development the Ontario government should establish a sector development bank that invests in new industries. The Bank could be funded by pension funds and other sources, with a government guaranteed rate of return equivalent to long term bonds.

An obvious area of investment is environmentally friendly industry. An example is wind power. It is an industry just beginning to take shape in our country and the future for it is enormous. Why not develop an Ontario-based wind power industry initially supported by Ontario Hydro procurement. In Europe many thousands of people work in this industry.  Why not in Ontario?