Premier Kathleen Wynne is promising to create a $2.5 billion fund aimed at keeping businesses in Ontario.Wynne says companies would be able to apply for government grants. They say the applicants would have to meet certain criteria to receive the money, details of which will be in the budget. Wynne also says her government will create what the Liberals are calling “The Ontario Retirement Pension Plan.”“This is the real point of difference between my government and Tim Hudak’s Conservatives. We need to make this point. We believe in working actively to create the conditions for companies to succeed,” said Wynne.More details of the fund will be unveiled on Thursday when the Liberals release their budget. They need at least one opposition party to support their budget to avoid an election. read more

“While we continue to provide essential humanitarian support, we must as well attend to development needs in a manner that is complementary, simultaneous and urgent,” stressed Sima Bahous, Chair of the Regional UN Development Group, which is hosting the two-day meeting.“We must safeguard present gains in development and arrest potential roll-back, and at the same time, strengthen recovery and nurture innate capacities for development planning and delivery, so that people –supported by their local institutions— can cope with the ongoing crisis and build back their lives, better,” added Ms. Bahous, who is also the Director of the Regional Bureau for Arab States at the UN Development Programme (UNDP).Regional directors and representatives of more than 20 UN agencies, including UNDP, have been meeting in the Jordanian capital of Amman since Saturday to discuss means to harmonize UN responses to the conflict which has killed more than 100,000 people and forced millions to flee their homes within Syria and into neighbouring countries.Almost 97 per cent of Syria’s refugees are hosted in the immediate surrounding region, with around one million in Lebanon, followed by Jordan, Iraq and Turkey.“The spillover of the crisis into its four neighbouring countries is impacting economic and human development outcomes in those countries at the national and local levels,” UNDP has said. Key sectors including investment, tourism, trade and local production are affected at varying levels of intensity, according to the UN agency. The crisis also is raising concerns over possibilities of triggering tensions between refugees and local populations in those countries.The outcome response plan has three main aspects. The first, to support governmental efforts at national and sub-national levels to ensure the provision of quality housing and related services, such as water, sanitation, energy and waste removal, and to rehabilitate and reconstruct the social economic infrastructure.The agencies will also strengthen technical and managerial capacities of municipal governments. That includes, according to UNDP, promoting peaceful coexistence within conflict-affected communities.Turning to livelihood opportunities and sustainable employment, the plan will focus on improving access to markets and financial services, stimulating productive investments, and formulating pro-poor policies to promote private sector engagement.The Regional UN Development Group also agreed to support development inside Syria, by addressing root causes of the conflict and restoring basic services, where possible, in areas of relative peace, and provide support to livelihood activities. The UN agencies also explored means to optimize partnerships and funding mechanisms between national and local authorities and amongst donors, international cooperation agencies and the Organization in order to support the proposed resilience-based development response.“Today, we have made an excellent start on a long journey,” said Gustavo Gonzalez, Sub-regional Coordinator of the Development Response. “As of today, we are rolling our sleeves up.” read more