Barriers to competition limit the incentives of firms to innovate, cut costs and expand their activities.
While the Canadian economy recorded positive overall growth, per-person GDP actually declined.
The overall employment rate hasn’t recovered to 2019 pre-COVID levels.
The federal government should undo regulations that impede large infrastructure projects including pipelines.
Persistent labour shortages are helping drive up costs.
In the recent past, the province's recessions have been followed by extended periods of debt growth.
Between 2016 and 2019, per-person GDP grew at an average annual rate of only 0.8 per cent.
An OECD study suggested a 3 per cent COVID-related lifetime loss in income.
The 2016-2019 period had the weakest economic performance of the five periods analyzed.