From the Fraser Institute:
- By global standards, Ontario is a prosperous place. Ontarians enjoy living standards and access to opportunities that are the envy of much of the world.
- However, within its own economic region, Ontario is an economic laggard.
- This bulletin compares overall prosperity in Ontario (measured as Gross Domestic Product per person) to that of the eight American states in the Great Lakes region and its neighbouring province, Quebec. It also compares the economic growth rates of jurisdictions in the region in recent years.
- The study shows that Ontario has the second lowest GDP per person in the region, ahead only of Quebec. The region’s GDP per capita taken as a whole is 27.1 percent higher than Ontario’s.
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