Dear John,

For most of recent history, there has been a prosperity gap between Atlantic Canada and the rest of Canada. Part of closing this gap involves cultivating a healthy private sector.

But according to a new Fraser Institute study out today, there is still much work to be done.

Nova Scotia ranks last among all Canadian provinces in per person private sector investment — a key driver of higher living standards and increased prosperity.

At the same time, government spending (federal, provincial and local) as a share of the overall economy was the highest in Nova Scotia.

The rest of the region didn't fare much better – all four Atlantic provinces had below-average shares of private sector employment.

Learn more by checking out the full study here, and be sure to share this with your friends and colleagues.

Sincerely,

Niels Veldhuis
President
The Fraser Institute