Following the announcement of Kevin O’Leary’s running for the Conservative leadership last week, Ontario Liberal premier Kathleen Wynne penned an open letter criticizing the the candidates policies and comments.
In the letter, Wynne singles out a comment O’Leary made to an unnamed news outlet saying that the province trails Michigan when it comes to auto sector investment.
Wynne points out that, in the last few months alone, Ontario has attracted roughly $2 billion worth of new investments within the auto sector adding that over the past five years, Ontario has accounted for 14.6% of all auto production across North America.
Sticking with the comparison between Ontario and Michigan, the premier points out that businesses within Ontario pay a combined federal and provincial tax rate of 28.5%, which is below the 38.9% tax rate businesses within the motor city pay.
Wynne rounds off the letter, saying she will be curious to see how is ideas and policy plans will be received.
Keeping it civil however, the premier welcomed the newly announced candidate to the political arena saying that she sincerely respects anyone who is willing to enter the den of politics.