Ontario Prosperity

— Oct 4, 2018
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Electricity Reform in Ontario: Getting Power Prices Down

Electricity Reform in Ontario: Getting Power Prices Down finds that the Ontario government could reduce current electricity prices for Ontarians by 24 per cent by either cancelling or renegotiating existing contracts with wind and solar-power generators. These contracts represent almost 40 per cent of the Global Adjustment charge on Ontarians’ hydro bills while providing just seven per cent of the province’s total electricity generation.

— Sep 19, 2018
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Creating Policy Calling Cards to Attract Business to Ontario finds that major reforms in different policy areas are required to make the province “open for business,” as the new government has pledged. Suggested reforms include: cutting corporate and personal income taxes, reducing business subsidies, lowering electricity costs and reforming the province’s labour laws.

— Aug 21, 2018
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Restoring Ontario's Public Finances

Restoring Ontario’s Public Finances finds that Ontario’s new provincial government can balance the budget and even cut taxes, but doing so will require a focus on spending discipline. In fact, a five per cent reduction in spending from 2017/18 levels would achieve a balanced budget by 2020/21—years earlier than the 2024/25 timeline set by the previous government—and also free up $21 billion in fiscal room, which could be used to reduce taxes.

— Jun 19, 2018
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Increasing the Minimum Wage in Ontario: A Flawed Anti-Poverty Policy

Increasing the Minimum Wage in Ontario: A Flawed Anti-Poverty Policy finds that raising the minimum wage would do little to reduce poverty in Ontario because the vast majority of minimum-wage earners don’t live in low-income households. In fact, nearly 60 per cent of all minimum-wage earners in the province in 2017 were teenagers or young adults aged 15 to 24, almost all of whom (86.3 per cent) lived with their parents or other relatives.

— Apr 24, 2018
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Time for Tax Reform in Ontario

Time for Tax Reform in Ontario finds that if Ontario replaced its current seven-tier tax rate system with a single personal income tax rate of eight per cent and reduced its corporate income tax rate from 11.5 per cent to 8 per cent, it would be one of the most competitive pro-growth tax jurisdictions, which would help the province compete for business investment and skilled labour with neighbouring U.S. jurisdictions.

— Apr 12, 2018
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Understanding the Changes in Ontario's Electricity Markets and Their Effects

Understanding Changes in Ontario’s Electricity Markets and Their Effects finds that poor energy policy choices—including Ontario’s Green Energy Act—has increased electricity prices for residents, cost tens of thousands of manufacturing workers their jobs and produced only minimal health and environmental benefits.

Ontario Prosperity Research Experts