Without accompanying business investment, an increased labour supply will lead to lower per-capita income growth.
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An aging population means more spending on health care and income support for older people.
In all four Atlantic provinces, workers at the national average income level must earn more than $152 to boost their after-tax income by $100.
Despite years of criticizing its predecessors for reckless spending, the Ford government has followed a similar fiscal path.
Government workers in the province enjoy higher wages and benefits compared to similar private-sector workers.
Ontario’s net debt increased from $373.6 billion in 2020/21 to $380.4 billion in 2021/22.
The province holds $380.4 billion in debt—or nearly $26,000 per Ontarian.
The province eliminated its rainy-day account in 2007/08.
Research shows that previous legislation prohibiting the possession and acquisition of certain firearms made no discernable impact on homicide rates.
Governments in Alberta have a long history of increasing provincial spending during periods of high resource revenue, which inevitably leads to deficits once resource revenues decline.
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