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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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A higher minimum wage could hurt working Ontarians
Appeared in the Ottawa Sun, May 17, 2017 As part of a wider set of labour policy changes, the Wynne government may increase Ontario’s minimum wage to $15 an hour, up from the current level of $11.40. The intention is to help lower-income workers and their ...
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Unemployment rate doesn’t tell full story of Ontario’s economy
According to Statistics Canada, Ontario’s unemployment rate dropped to 5.8 per cent in April, its lowest level since January 2001. The drop puts Ontario well below the national average, which shrank by 0.2 percentage points to 6.5 per ...