Dalton McGuinty said in the debate last night that Ontario was “the largest job-creator” in Canada and receiving the second-most foreign investment in North America (after California).
These two claims simply reflect Ontario’s larger size and population compared to other jurisdictions. The proportion of workers who cannot find jobs is actually higher in Ontario than the rest of Canada. The provincial unemployment rate is 7.5%, compared to a national unemployment rate of 7.3%.
Statistics Canada, Labour Force Survey: http://www.statcan.gc.ca/subjects-sujets/labour-travail/lfs-epa/lfs-epa-eng.htm
Meanwhile, business investment is proportionally lower in Ontario than the Canadian average. In 2010, investment in machinery, equipment and non-residential structures as a share of Gross Domestic Product was 8.0% in Ontario versus 11.0% nationally.
Ontario Economic Accounts:http://www.fin.gov.on.ca/en/economy/ecaccts/ecat8.html
National Economic Accounts: http://bit.ly/q681UO
See Ontario NDP here
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