Issue link: http://read.dmtmag.com/i/114548
Markets Glynn General Extended Protection Plans Your Competitive Advantage in a Competitive Market Ontario Premier Kathleen Wynne billion deficit the provincial government has appeared helpless to wind down. It's another key issue touched on by the Throne Speech that has Wynne and crew recommitting to deficit elimination by 2017-18 – a time when her government will probably be a distant memory. At the same time it's trying to meet the deficit target, the government will also be driven by a clashing concept, "the quest for innovation and growth." There's plenty of evidence to support the position that Ontario's economy is moribund, most obviously the fact that it has become under the federal government's cash transfer criteria a "have-not province" seen to be incapable of fully supporting itself while half a million residents can't find work. It doesn't help that the legislature was out of service from October, when former Ontario Premier Dalton McGuinty announced his retirement and prorogued, or suspended, the legislative assembly until his successor could be picked in the New Year. McGuinty claimed to be declaring a time-out because the opposition parties were behaving badly and no serious work was getting done in the legislature. Proroguing for that purpose was previously unheard of and more astute observers understood McGuinty and his Liberal Party cohorts – sometimes referred to as the Dalton Gang – were pulling a political stunt in order to clear the way to their leadership convention. That was then and this is now, and successor Wynne has the unenviable task of trying to return Ontario to its former economic glory. For the moment, Wynne is buoyed by a skyhigh profile as Ontario's first female premier and Canada's first openly gay government leader who's been living with another woman for more than 25 years. That's not likely to help her, however, in maintaining government beyond the next six months. She alienated opposition members right from the get-go by adding five positions to the 22-member cabinet that McGuinty had in place. The move was labeled an unnecessary "shopping spree" at a time when any good premier should show restraint. One thing Wynne has going for her is the public mood, with a recent poll showing the number of voters favoring a quick election just about even to the number who don't want one any time soon. The same poll showed the economy and jobs as the top priorities for respondents. To help allay fears of an industry suspicious that she'll be unmotivated in attacking the crippling deficit, Wynne has placed a right-leaning former banker in charge of the finance portfolio. He is Charles Sousa, who left-of-centre Wynne hopes can craft a budget that'll satisfy the opposition parties and perhaps earn her some support among more conservative constituents. With five years in the legislature and previous ministerial experience, Sousa worked for the Royal Bank of Canada Financial Group for more than 20 years. Nevertheless, neither Sousa nor Wynne are likely to be of much help to the floundering Ontario economy, at least in 2013. As they may not be around beyond this year, oftendiscussed major projects, particularly restoring urban infrastructure, may stagnate despite any offers of renewed or increased federal financial participation. Speaking of projects that could have boosted equipment sales, (continued on next page) Glynn General Benefits n GGC's underwriting partner is AmTrust International which is A rated by AM Best with over 100 years of collective underwriting experience in the Construction and Agricultural Equipment global markets. n GGC has over 27 years of experience administrating extended protection plans. This ensures competitive premiums while also providing fair and reasonable claims reimbursement. n GGC's knowledge and experience allows for the creation of tailor made programs to meet any need you may have. n An internet accessible administrative system that is efficient and user friendly. n GGC reimburses parts at customer list price and labor at shop rate on all approved claims. n GGC's program provides peace of mind for your customer knowing that their equipment is protected. Coverage Types/Coverage Terms n GGC offers extended service protection plans for New and Used Equipment n Power Train, Power Train + Hydraulics, and Full Machine n Used Equipment terms available from 3 months to 2 years n New Equipment terms available from 2 years to 5 years GGC's Administrative System via the Web n GGC offers superior administrative capabilities via the internet through our user friendly website: www.glynngeneral.com. n Immediate turnaround of quotes. n Confirmation of the terms and conditions for all available service contracts. n Efficient enrolling of units with automatic invoicing. n User friendly claims processing resulting in satisfactory claims reimbursement. n Account access allowing for constant monitoring of your warranty program. Contacts in your Region GGC administrative/claims office located in St. Simons Island, Ga Vice President Operations Slade Rowland 912-638-4320 Vice President Sales Rick Stacy 404-791-9382 Eastern Territory Manager Greg Schultz 678-697-2715 Midwest Territory Manager Ryan Carter 847-226-6265 Western Territory Managers Jeremy Cockroft 970-946-8132 Brian Freitag 970-946-8133 March 2013 | Construction Equipment Distribution | www.cedmag.com | 29 ggc_ad.indd 1 26_Ontario_feature_KP.indd 29 12/9/11 2:01 PM 2/27/13 3:05 PM