It’s important for policymakers to recognize the severity of Ontario’s growth problem, how long-lived it has been, and the challenge of weak business investment that could impede future growth.
Real per-person economic growth was 9.1 per cent in Ontario compared to 26.1 per cent in the rest of Canada.
At least 90 per cent of net job creation in Ontario took place either in the Greater Toronto Area or Ottawa.
The Greenbelt Act helped drive up residential housing prices in the Greater Toronto Area.
The Ford government plans to invest $100 million of taxpayer money in technology companies.
Between 2000 and 2019, New York's average per-person GDP growth more than doubled Ontario's growth rate.
Michigan’s per capita GDP was $3,911 higher than Ontario's.
Since firms already have powerful incentives not to unfairly discriminate, government efforts encouraging diversity are redundant at best.
The provincial net debt-to-GDP ratio went from about 5 per cent in the 1960s to more than 40 per cent in 2020.