Ontario Economy

CIBC Misses the Point About Ontario's Economy

The analysis of one of Canada's leading banks incorrectly concludes Ontario can't be compared to California, should be compared to other provinces, isn't necessarily at fault for being the second most indebted province, and argues the federal government should consider bailing Ontario out. No wonder Ontario is in the state it's in.
CP

Ontario Needs a Real Economic Plan for 2014

Ontario's economy is ailing and it will take more than massive subsidies to already profitable businesses to rebuild. Small business owners in Ontario don't need to wait for Stats Canada's economic indicator reports to know what is happening in the economy, we feel it every day.
alamy

Horse Racing Towards a Better Economy

The new Ontario government believes in a strong, sustainable future for the horse racing industry in this province. We have a plan, guided by the report of the Horse Racing Industry Transition Panel, for a way forward that will put the industry on a sustainable path. I know how important the horse racing and breeding industries are to the culture and economy of communities across Ontario, and that is why our government will continue to work with the industry to ensure that it has a strong, sustainable future.
CP

How Cutting Taxes Actually Helps the Economy

Two aspirations for Ontario -- to be the engine of Canadian jobs again and to have world-leading public services -- are interdependent, not separate, goals. We can't have one without the other. And Ontarians deserve both. Instead of grants and handouts to the politically connected, I believe tax cuts create jobs. Tax relief creates jobs, grows the economy, and stimulates new business investments.

Is Ontario The Next Rustbelt?

Canadians should not arrogantly assume that what has happened to Detroit, Cleveland, and Pittsburgh cannot happen to Brantford, Trenton and Windsor. It can happen, and it is happening. Like the U.S. Rustbelt, Ontario has been losing industrial jobs, and only new business investment can create the post-industrial jobs of the future.
CP

Ontario's Job Growth On A Tear

TORONTO - Ontario bucked a trend of job losses last month as the only province to make significant gains with 10,600 new jobs.Economic Development Minister Brad Duguid says the latest numbers from Sta...
CP

Economic Outlook DOWNGRADED

Former Liberal MP Borys Wrzesnewskyj is in court this week, challenging the 2011 election results in the Toronto riding of Etobicoke Centre. The race was close. Wrzesnewskyj lost to Conservative Ted...
alamy

Largest Province's Economy Shrinks

TORONTO - Keeping on schedule to eliminate Ontario's deficit is crucial and will require spending "adjustments," Finance Minister Dwight Duncan said Wednesday as he released figures showing the provin...