Investing for Prosperity Annual Report 2 - November 2003
Ontario has a 10 percent prosperity gap against the leading US states because individuals, businesses, and governments invest less than our counterparts in these states. To close the gap Ontario needs to reverse the widening pattern of under investment that limits our potential for productivity gains. This is the key conclusion from the Ontario Task Force on Competitiveness, Productivity and Economic Progress. The government-appointed group of industry and academic leaders, chaired by Roger Martin, Dean of the Rotman School of Management identifies under investment in education, machinery and equipment, our cities, and processes for the economic integration of our immigrants. The Task Force makes recommendations for breaking out of today’s under investment trap to ensure we are investing for tomorrow’s prosperity. In addition, it sets out its research priorities for the coming year that will identify further initiatives to raise prosperity and living standards across the province.
