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GM Rejects Unifor Proposals for Oshawa Plant Closing
The study shows there would be an immediate fallout in 2020, with Ontario’s GDP expected to fall by $5 billion and a decline in Ontario government revenues of $330 million. In the long-term, Ontario’s economy would shrink by an average of $4 billion each year to 2030, leading to a reduction in Ontario government revenues of nearly a half billion and federal government revenues of just over half a billion a year. Continue reading →