04-29-2008, 12:30 PM
|
#1
|
|
Unfrozen Caveman Lawyer
Join Date: Oct 2002
Location: Crowsnest Pass
|
Ontario A Have-Not Province?
http://www.reportonbusiness.com/serv.../Business/home
Ontario will soon be a have-not province, and is poised to start collecting equalization payments in two years, economists at Toronto-Dominion Bank say.
Ontario's economy is struggling to deal with the compounding effects of high energy costs, a strong loonie, and now a U.S. downturn, the economists note in a paper published Tuesday morning. But it's the rising prosperity of the energy-rich provinces, and not Ontario's actions, that have turned Ontario into a have-not, their paper argues.
|
|
|