According to the Ontario budget, a one percentage point increase to interest rates would shave 0.1 to 0.5 percentage points off the province’s real GDP growth in the first year. ...
Category: Government Finance and the Economy
Ontario government wants to talk pot
The province wants “to hear from the people of Ontario as we develop an approach to legalization that keeps our youth, communities and roads safe," Attorney General Yasir Naqvi says. ...
Ontario taking slow ride on reforming auto insurance system, but making change to ‘payer of last resort’
The government intends to hold consultations on a report it says recommends “a wide-scale transformation of the current auto insurance system.” ...
PCs promise to give greenhouse growers a carbon tax break
Ontario’s cap-and-trade costs apply to greenhouse growers, something the PCs want to change. ...
Expected Bank of Canada rate hike leaves economic development minister unmoved
Brad Duguid said Ontario can withstand a rate bump, despite warnings of an economy precariously dependent on housing. ...
Ontario edges toward precarious employment as full-time jobs fall, part-time jobs rise in June
Grits face criticism for failing to adapt to the gig economy. ...
Province pitching in $417 million for Port Lands patch-up
The project includes $65 million in previously announced infrastructure funding, bringing the total cost to an estimated $1.25 billion over an anticipated seven years of construction. ...
Sousa toasts Beer Store sending suds to your door
The private, quasi-monopoly adapts to the age of Uber Eats with express delivery pilot project in Scarborough and Ottawa. ...
Investors ask questions about housing and NAFTA impacts on Ontario economy
Gadi Mayman, CEO of the Ontario Financing Authority, said his organization’s outreach for the first quarter of the 2017-18 fiscal year was aimed at European bond buyers, who made inquiries about the possible pitfalls for ...
Ontario proposes tougher conflict-of-interest rules for real estate agents
The government is cracking down on the practice of double ending, where one real estate agent represents both the seller and a buyer in a single transaction. ...
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