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Ontario Enters Uncharted Waters with a $15 Minimum Wage
Premier Wynne’s government in Ontario has announced a plan to increase the province’s minimum wage to $15 per hour by 2019. This would represent a 32 percent increase in less than 18 months. Such a rapid increase in the minimum wage could have harmful ...
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Notley following Rae’s fiscal model—and getting the same results
In 2015, Premier Notley’s incoming NDP government found itself at a crossroads when it came to handling Alberta’s deteriorating public finances. As detailed by a Fraser Institute study from that year, various past provincial NDP ...
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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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Alberta NDP government’s spending trajectory mirrors that of Bob Rae’s in Ontario
When Premier Notley’s NDP government took office in Alberta in 2015, it inherited a difficult fiscal situation. A sustained period of rapid spending growth under her predecessors, along with the fall in oil prices and resulting drop in ...
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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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To reform its retail liquor market, Ontario can learn from Alberta
During the recent long weekend, many Ontarians celebrated Canada’s 150th birthday with celebrations at their homes and cottages across our wonderful province. While having fun, relaxing and catching up with friends and relatives, it was ...