Ontario is being confronted by a new economic reality. The days of sustained and robust economic growth and a relatively stable fiscal environment based on solid and assured revenue growth are over. If Ontario is to sustain high-quality public services and continue to be a highly attractive place in which to live, it needs to develop and implement a renewed and comprehensive economic growth strategy. And all stakeholders in Ontario’s future—the three levels of government, the private sector, labour, and civil society—need to be part of that strategy.
This briefing looks at what Ontario needs to do to put itself back on a path to sustainable prosperity.