Ontario Prosperity

— 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.

— Jun 8, 2021
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Ford Government Fiscal Policy Approach Mirrors that of McGuinty and Wynne

Ford Government Fiscal Policy Approach Mirrors that of McGuinty and Wynne finds that the current Ontario government is continuing the fiscal approach of the previous Wynne and McGuinty governments, excluding emergency COVID spending. In fact, according to 2021 budget forecasts, over the next three years government spending (minus interest costs) will increase by a cumulative total of 8.5 per cent compared to 6.6 per cent from 2010 to 2012.

— Apr 27, 2021
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Measuring Ontario’s Regional Prosperity Gap

Measuring Ontario’s Regional Prosperity Gap is a new study that compares average incomes in Ontario, Quebec and eight American states in the Great Lakes region. It finds that in 2019, Ontario’s GDP per person trailed neighbouring Michigan by nearly $4,000, and in fact, Ontario lags the regional average GDP per person by $16,607, or 27.1 per cent.

Ontario Prosperity Research Experts