For instance, Ontario Liberal policies gave that province the highest
electricity costs on the continent, which contributed to the loss of
200,000 manufacturing jobs in the past 15 years. … Instead, they
are now trying to duplicate their disaster on a national scale.
The latest numbers on economic productivity in Canada are extremely disappointing. And with the Liberals back in power, the numbers are about to get worse, especially considering that the Trudeau government is now held in office by three anti-development parties — the NDP, Greens and Bloc Quebecois.
Even our “have” provinces fall far behind the top American states. And Canada’s poorest — the three Maritime provinces — are at or below the lowest state, Mississippi.
According to work done by Trevor Tombe, a University of Calgary economist, Alberta is Canada’s wealthiest province with a per capita GDP of $64,000 US. Yet that is behind 16 American states. Indeed, Alberta is a full 25% below the richest American jurisdiction — New York state at $86,000. Continue Reading →