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Obstacles to business investment in Ontario—high labour costs
A recent study by the Fraser Institute showed that weak business investment remains a serious problem for Ontario’s economy, with important implications for the province’s medium- and long-term growth prospects. While the provincial ...
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Obstacles to business investment in Ontario—high electricity prices
Ontario’s recent economic growth is masking a troubling slump in business investment in the province, according to a study released by the Fraser Institute this week. Despite a booming housing market, the province suffers from weak ...
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Ontario debt—kicking the can down the road
A new study released this today by the Fraser Institute examined the Wynne government’s plan to reduce Ontario’s debt burden to pre-recession levels (26-27 per cent) by 2029/30 from its current level of 37.5 per cent. The government’s ...
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Wishful Thinking: An Analysis of Ontario’s Timeline for Shrinking Its Debt Burden
Since 2007/08, Ontario’s level of public debt has approximately doubled. As a result, the provincial debt-to-GDP ratio has climbed to historically high levels in recent years. In its 2017 budget, Premier Wynne’s government presented a timeline for ...
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Obstacles to business investment in Ontario—uncompetitive tax rates
A recent study from the Fraser Institute highlights a substantial problem for Ontario’s economy—the fact that business investment to the province remains weak. In fact, business investment still hasn’t recovered to pre-recession levels. ...
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Rising cost of doing business in Ontario chasing away business investment
After more than a decade of comparatively weak economic performance, there are finally some green shoots for Ontario’s economy. Unemployment in the province is at its lowest in 16 years, and the province is expected to be near the top of ...
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Quebec now more creditworthy than Ontario
Appeared in the Ottawa Sun, June 22, 2017 Standard & Poor’s decision to boost Quebec’s credit rating last week has an important symbolic consequence for neighbouring Ontario. The move, which raised Quebec’s credit rating from A+ to AA-, means that for ...
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Trade war with U.S. states would hurt Ontario economy
Last week, Texas lawmakers passed a protectionist “Buy American” bill, which would require public construction projects in the state to use iron and steel manufactured in the U.S. The bill, which now only requires the signature of the ...
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In Ontario, the cost of doing business is high
Jon Dwyer, the managing director of an Ontario-based bio-tech company, recently took to the CBC to express his concern that doing business in Ontario was becoming increasingly difficult. In his column, Dwyer states that rising energy ...
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Case for corporate tax cuts in Ontario strong—whether or not Trump makes the first move
Appeared in the Ottawa Sun, May 24, 2017 According to Brad Duguid, Ontario’s minister of economic development, the Wynne government is keeping a close watch on President Trump’s proposed cut to the U.S. corporate income tax rate. Duguid suggested his ...