The roots of Ontario’s decline from economic powerhouse to economic laggard can be found in a decade of failed government policies. For decades, Ontario was the economic engine of Canada with workers enjoying high incomes and low unemployment. But today, Ontario is less competitive, less prosperous and less attractive for both workers and business investment. For example, every year since 2003 Ontario’s economic growth has lagged behind the national average, helping send the unemployment rate above the national average for the first time ever. In 2012, per-capita incomes fell below the Canadian average—again, for the first time ever.
Read the full report: Ontario-No Longer a Place to Prosper at www.fraserinstitute.org

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