Without accompanying business investment, an increased labour supply will lead to lower per-capita income growth.
Blog - Fraser Forum
An aging population means more spending on health care and income support for older people.
In all four Atlantic provinces, workers at the national average income level must earn more than $152 to boost their after-tax income by $100.
Despite years of criticizing its predecessors for reckless spending, the Ford government has followed a similar fiscal path.
Between 2010 and 2020, the percentage of tax filers giving to charity decreased by 24.7 per cent in Nova Scotia.
Government workers in the province enjoy higher wages and benefits compared to similar private-sector workers.
The auditor general found that $4.6 billion in payments for programs such as CERB were made to individuals who were ineligible.
Ontario’s net debt increased from $373.6 billion in 2020/21 to $380.4 billion in 2021/22.
The province holds $380.4 billion in debt—or nearly $26,000 per Ontarian.
The province eliminated its rainy-day account in 2007/08.