Course correction: Charting a new road map for Ontario
Ontario needs to correct its economic course with substantial investments and major productivity gains if it is to accelerate its stagnant growth
In Course correction: Charting a new road map for Ontario, the Task Force identifies a number of key measures needed in both the private sector and government to get Ontario’s economy on the right track. Some recommendations are not new; lack of business investment in innovation and productivity enhancing equipment, for example, continues to be a stubborn problem among Canadian businesses. Labour productivity, particularly in Ontario’s important manufacturing sector, continues to be a leading drag on the province’s competitiveness. Without substantial change in these areas, Ontario will continue to miss its target of eliminating the prosperity gap.