TORONTO—Ontario has experienced weak business investment over the past two decades with one of the lowest growth rates in the country, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
“The decline of Ontario’s manufacturing sector in the 2000s, the 2008/09 recession, and a tepid recovery have combined to create an extended period of economic weakness for the province,” said Ben Eisen, senior fellow at the Fraser Institute and co-author of An Assessment of Recent Economic Performance and Business Investment Growth in Ontario.
