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Could clusters close the Ontario-Netherlands prosperity gap?
The Institute is developing a new list of peers – the first refresh since 2001. Peers are regions similar to Ontario, and are used to benchmark Ontario’s performance and inform policy choices. A revised peer list will reflect updated economic realities, and emphasize comparability with Ontario. Ultimately, we will compare Ontario to 10 jurisdictions including provinces, US states, and countries.
CPP enhancement saves Ontario from itself
On June 21st, 2016, Ontarians celebrated as the provinces and the federal government came together with a tentative agreement to enhance the Canadian Pension Plan (CPP). The excitement in Ontario is not so much about the implementation of an enhanced CPP as it is about the termination of the province’s own creation—the Ontario Retirement Pension Plan (ORPP). Finance Minister Charles Sousa confirmed that if the CPP deal is formally signed on July 15th, 2016, the ORPP will be dismantled.