Starting in 2003, Ontario’s real GDP growth dropped below the average in the rest of Canada and it has consistently lagged over the ensuing decade.
Let’s look at the expected fiscal balances in Canada’s 10 provinces for 2015/16.
While much has been made about the ‘resolution’ of the teachers’ job action in Ontario, most of the discussion has missed two fundamental aspects of the debate: school choice and unionization in the public sector.
The Ontario government has never made a secret of its desire to have the federal government help fund Ontario’s provincial budget. It even started its own think-tank with $5 million in 2009, which regularly publishes reports that call on the federal government to rescue Ontario’s provincial finances.
Mining exploration spending is tightening in Ontario. So where is the province's policy environment faltering?
Imagine you’re near what you thought was a dormant volcano but it suddenly erupts. Assuming you escape, you might later reflect that there was nothing “sudden” about it.
If Canadians ever needed proof that narrow politicking interferes with sensible consumer choice, they need look no further than the byzantine “reforms” on the sale of beer, wine and spirits proposed by Ontario, and one restrictive “reform” recently enacted in British Columbia.