Ontario Prosperity

— Aug 4, 2022
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Ford Government Plans to Outspend Wynne Government

Ford Government Plans to Outspend Wynne Government finds that, despite any rhetoric to the contrary, the current Ontario government plans to outspend its predecessor.

— Mar 31, 2022
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Learning from Ontario’s Past

Learning from Ontario’s Past: How Ontario Can Avoid Another Post-Recession Debt Binge is a new study that focuses on how the provincial government could balance the budget by 2022/23, and what mistakes made by past governments should be avoided to ensure fiscal stability. Based on recent projections, the provincial government would need to reduce annual spending by $9.1 billion from its 2021/22 level to balance the budget in 2022/23—a 4.8 per cent decrease.

— Feb 1, 2022
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Measuring Ontario’s Regional Prosperity Gap, 2022 Update

Measuring Ontario’s Regional Prosperity Gap: 2022 Update is a new study that compares average incomes in Ontario, Quebec and eight American states in the Great Lakes region. It finds that in 2020, Ontario’s GDP per person trailed neighbouring Michigan by over $6,000, and in fact, Ontario lags the regional average GDP per person by $19,219 or 32.7 per cent.

— Jan 5, 2022
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Uneven Job Creation in Ontario’s Urban Centres from 2008 to 2019

Uneven Job creation in Ontario’s Urban Centres from 2008 to 2019 finds that despite the rate of job creation in the Toronto and Ottawa areas exceeding the national average, most other Ontario cities, towns and rural areas experienced little or no job growth since the 2008/09 recession.

— Nov 9, 2021
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The Implications of an Aging Population for Government Finances in Ontario

The Implications of an Aging Population for Government Finances in Ontario is a new study that finds health-care expenditures in the province will increase by an estimated 4.1 per cent annually (on average) over the next 20 years, and as a result of Ontario’s changing demographics, the province may not balance its budget until at least 2040/41 unless it makes changes to its spending.

— Sep 28, 2021
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An Assessment of Recent Economic Performance and Business Investment Growth in Ontario

An Assessment of Recent Economic Performance and Business Investment Growth in Ontario finds that the average rate of economic growth from 2000 to 2019 (excluding 2020 due to the COVID-19 pandemic) was weaker in Ontario than it was in the other large Canadian provinces. In fact, Ontario’s rate of business investment growth over the same period was the third lowest in Canada ahead of just New Brunswick and Nova Scotia.

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