ontario economy

10:24AM
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The Wynne government is finally promising to balance Ontario’s operating budget, but if anybody thinks that means an end to growing government debt, they should think again.

9:13AM
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Ontario’s auto manufacturers import from other countries many of the materials used to make cars.

8:41AM
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The total government debt-servicing costs for Ontarians in 2016/17 is a projected $21.2 billion.

12:39PM
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Between 2003 and 2014, inflation-adjusted per-person economic growth in Ontario averaged just 0.3 per cent annually.

3:00AM
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Taxes already account for approximately 35 per cent of the price at the pump.


3:00AM
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Between 2010 and 2015, average annual employment growth in eastern Ontario was negative at -0.6 per cent.

9:03AM
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Employment in the region remains below pre-recession levels.

1:48PM
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Since 2007, Ontario’s net debt has approximately doubled and is expected to reach $315 billion this year.

4:30PM
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Six years after the recession, neither Southwestern, Northern nor Eastern Ontario had recovered to 2008 employment levels.