Tag Archives: economy
As the Border turns: Cross-Border Shopping Revisited
According to a report in the May 11th edition of the Globe and Mail, the U.S. government is pressing the Canadian federal government to loosen the rules so that fewer Canadians have to stop and pay duties as they return from a trip to the United States: “The personal exemption issue has been formally raised […]
Is Toronto Leading Canada’s Economic Recovery?
Statistics Canada has just released the most recent building permit numbers and they show that municipalities issued building permits worth $6.8 billion in March 2011, a 17.2% increase from February and a level not seen since June 2007. Moreover, the gain was mostly the result of advances in the residential and non-residential sectors in Ontario.
Revisiting Ontario’s Decline
Well, there have been some great comments regarding my post on whether Ontario is in decline. Alot of good points have been raised including how output is attributed to regions as well as how important the effect of oil prices has been. One comment in particular by Kosta piqued my curiosity.
Is Ontario in Decline?
With a battered manufacturing sector, a large public sector deficit, a drop in per capita GDP relative to other provinces and becoming a recipient of equalization, Ontario has definitely seen better days. The question is whether this is represents a long-term trend towards economic decline for Ontario or is it simply a short-term aberration?
Worthwhile Canadian Initiative 
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