Provincial Prosperity

— Apr 27, 2021
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Measuring Ontario’s Regional Prosperity Gap

Measuring Ontario’s Regional Prosperity Gap is a new study that compares average incomes in Ontario, Quebec and eight American states in the Great Lakes region. It finds that in 2019, Ontario’s GDP per person trailed neighbouring Michigan by nearly $4,000, and in fact, Ontario lags the regional average GDP per person by $16,607, or 27.1 per cent.

— Mar 23, 2021
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Lessons for the Ford Government from the 1995 Federal Budget

Lessons for the Ford Government from the 1995 Federal Budget is a new study that finds Ontario’s provincial net debt will equal 47 per cent of the provincial economy by the end of this year, and highlights how the current government can return to budget balance following the example of the 1995 Chrétien government reforms.

— Feb 18, 2021
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The Outlook for Growth in British Columbia’s Private Sector

The Outlook for Growth in British Columbia’s Private Sector finds that if governments in B.C. want to attract more tech companies and encourage entrepreneurship, they must implement significant policy changes to make the province more attractive to entrepreneurs and high-skilled workers.

— Feb 9, 2021
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Lessons for Fiscal Reform from the Klein Era

Lessons for Fiscal Reform from the Klein Era finds that today's Alberta government can learn some key lessons from the Klein reforms of the 1990s, which helped quickly eliminate the province's budget deficit and lay the foundation for more than a decade of surpluses.

— Dec 3, 2020
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The Great Convergence: Measuring the Fiscal Gap Between “Have” and “Have-Not” Provinces

The Great Convergence: Measuring the Fiscal Capacity Gap Between “Have” and “Have-Not” Provinces is a new study that finds the gap between the ability of Canada’s richer and poorer provinces to raise revenues is shrinking rapidly. If Alberta’s fiscal capacity gap continues to shrink relative to the rest of Canada, the province could soon become eligible for equalization transfers, which would affect transfers to other so-called “have not” provinces.

— Dec 1, 2020
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An Evaluation of the Recent Performance of British Columbia’s Economy

An Evaluation of the Recent Performance of British Columbia’s Economy finds that any downturn in B.C.'s housing sector will have serious consequences for the provincial economy.

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