Toronto struggling economically: 8 per cent unemployment rate in Toronto eclipses provincial and national averages
Stagnant Living Standards in the City of Toronto
By Fraser Institute —— Bio and Archives--February 14, 2026
Canadian News, Opinion | Comments | Back To Full Article
TORONTO—Torontonians have experienced a higher unemployment rate and slower median income growth than residents of other cities across Canada, according to a new study published by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
“Despite its history as an economic engine, Toronto now lags behind Canada’s other large metropolitan areas on key economic metrics. Unemployment rates have been higher, and median-income growth has been slower in Toronto for a long time now,” said Ben Eisen, senior fellow at the Fraser Institute and co-author of the study.
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