Learning from Ontario’s Past: How Ontario Can Avoid Another Post-Recession Debt Binge is a new study that focuses on how the provincial government could balance the budget by 2022/23, and what mistakes made by past governments should be avoided to ensure fiscal stability. Based on recent projections, the provincial government would need to reduce annual spending by $9.1 billion from its 2021/22 level to balance the budget in 2022/23—a 4.8 per cent decrease.

Four Myths about economic diversification in Alberta is a new study that finds despite misperceptions, oil and gas production in the province does not dominate economic activity or employment in Alberta to the point that the provincial economy is notably less diversified than other provinces. In fact, with respect to employment, Alberta’s was the most diversified provincial economy in Canada in 2020.