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Attracting more people key to Atlantic Canada’s future
The recent inflow of people to the region does not mean the problem of outmigration has been solved. ...
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Understanding two decades of weak economic performance in Ontario
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. ...
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Ontario’s economy—slow growth and weak business investment
Real per-person economic growth was 9.1 per cent in Ontario compared to 26.1 per cent in the rest of Canada. ...
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Ontario has fallen behind Michigan’s economy
At least 90 per cent of net job creation in Ontario took place either in the Greater Toronto Area or Ottawa. ...
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New report notes ‘over-equalizing’ nature of equalization program
Currently, equalization payments increase in line with nominal GDP growth. ...
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Ontario consistently fails to reduce government debt after recessions
The province’s nominal debt will rise from $440 billion in 2021/22 to $504 billion in 2023/24. ...
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Maritime provinces vulnerable to any future changes to equalization program
In 2019/20, equalization comprised 21 per cent of provincial government revenue in Prince Edward Island. ...
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Governments across Canada face mounting fiscal challenges due to aging population
The share of Canadians age 65 or over is forecasted to rise from 17.4 per cent to 22.5 per cent. ...
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Ford government pursuing McGuinty-style deficit-reduction strategy
According to government forecasts, Ontario’s debt will climb to $502 billion in 2023/24. ...
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Ontario among region’s poorest jurisdictions
Michigan’s per capita GDP was $3,911 higher than Ontario's. ...