Ontario falls behind rest of Canada in per capita GDP, report finds
Once among Canada’s economic leaders, Ontario has fallen behind the rest of Canada in terms of per capita income according to a new study by the Fraser Institute.
Once among Canada’s economic leaders, Ontario has fallen behind the rest of Canada in terms of per capita income according to a new study by the Fraser Institute.
The report, released on Thursday, reveals that after boasting incomes five per cent higher than the rest of the country before 2000, 23 years later, Ontario’s per capita GDP is now 3.2 per cent lower than the other provinces.
Researchers found that living standards in Ontario are falling behind the rest of Canada.
