The growing impact of Ontario’s aging population on provincial finances makes it unlikely the government will deliver a balanced budget until at least 2040, according to a new study by the Fraser Institute.
Ontario – Your Future Is Elsewhere
GOLDSTEIN: Ontario’s economy crashed from 2000 to 2019, report says
Once considered the engine of the Canadian economy, Ontario’s economic performance over the last two decades has been among the weakest in the country, according to a new study by the Fraser Institute.
“The decline of Ontario’s manufacturing sector in the 2000s, the 2008/09 recession and a tepid recovery have combined to create an extended period of economic weakness for the province,” said Ben Eisen, co-author of An assessment of Recent Economic Performance and Business Investment Growth in Ontario.
FUREY: Doctor running for provincial Liberals will remain on Ontario Science Table
So much for being non-partisan.
A prominent doctor who sits on the Ontario Science Table is expected to be acclaimed later this month as an Ontario Liberal candidate for next year’s provincial election.
GOLDSTEIN: Ontarians poorer than U.S. neighbours by $16,600 — report
Ontarians are becoming poorer and their economy is growing weaker compared to their American neighbours living in the eight Great Lakes states on their southern border, according to a study by the Fraser Institute.
“When we compare the average income of Ontarians relative to Americans in neighbouring states, the situation is getting worse,” said study co-author Ben Eisen in Measuring Ontario’s Regional Prosperity Gap.