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Taxation

Viewpoint – Is Ontario the New Quebec?

For decades, Quebec’s economy and the state of its public finances have been judged in comparison with Ontario. Catching up with its neighbour was a worthwhile goal, promoted by many. Over the past few years, the differences between the two most populous provinces have indeed been reduced. However, while the picture has improved somewhat in Quebec, including recent fiscal prudence on the part of the government, this narrowing of the gap does not so much reflect Quebec’s good performance as it does Ontario’s gradual decline.

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