Provincial Prosperity

— Feb 14, 2018
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Will British Columbia’s New NDP Government Abandon Past Spending Discipline?

Will B.C.’s New NDP Government Abandon Past Spending Discipline? finds that British Columbia currently enjoys one of the strongest fiscal positions in Canada because of modest spending growth. In fact, over a 15-year period starting in 2001/02, successive provincial governments in B.C. increased spending, on average, 3.5 per cent annually—the lowest level of spending growth during that time period of any province.

— Feb 6, 2018
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Repeating Past Mistakes? Spending Restraint Critical for Ontario’s Fiscal Health

Repeating Past Mistakes? Spending Restraint Critical for Ontario’s Fiscal Health finds that the Ontario government is ramping up program spending by more than $7 billion this year, or nearly six per cent—more than three times higher than the average increase in the years following the 2009 recession.

— Nov 2, 2017
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Uneven Recovery: Much of Ontario Still Hasn't Fully Recovered from the 2008 Recession

Uneven Recovery: Much of Ontario Still Hasn't Fully Recovered from the 2008 Recession finds that employment growth in Ontario since the recession has been heavily concentrated in the Greater Toronto and Ottawa areas, while many of the province’s other cities and towns are still struggling economically. In fact, 11 of the province’s 23 urban areas actually experienced net job losses from 2008 to 2016.