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Dear John,
A new Fraser Institute study out today finds that Ontario’s average rate of per person business investment (adjusted for inflation) from 2000 to 2019 was weaker than it was in the other large Canadian provinces.
During that time, Ontario’s per person business investment grew by an average of 0.3%. Compare that to 2.7% in British Columbia, 1.5% in Alberta, and 0.9% in Quebec.
Business investment lies at the heart of improving our standard of living and job creation, and the province’s weak performance should be of great concern.
Check out the full study here, and be sure to share it with your friends and colleagues.
Stay safe,
Niels Veldhuis
President
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