One of the most notable observations from the race for Queens Park was the lack of meaningful discussion of how to get Ontarios economy back on track. Ontario, the traditional economic hub of Canada, is being replaced by new economic leaders in the West. Indeed, the biggest challenge facing the re-elected Liberal government is to revitalize Ontarios lagging economy. To achieve this end, the priority must be to re-establish Ontario as one of the most attractive places to invest in Canada.
As the projected federal surplus continues to swell, the federal government seems poised to initiate a new round of significant spending. If the rumours surfacing come to fruition, the federal government will have concluded that spending additional funds on everything from health care to municipal infrastructure is the priority.