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Old 04-29-2008, 12:30 PM   #1
troutman
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Default 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.
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