Saturday, July 21, 2007

The Power Is Shifting

"Slowly but nevertheless surely Ontario is being edged out of the driver's seat of the federation. The latest push came this week when the Bank of Canada raised its key lending rate to curb inflation or, to be more specific, to cool the economy of Alberta.

While Ontario still attracts the lion's share of newcomers to Canada, Alberta and British Columbia's populations have been increasing more quickly. Ontario's demographic growth has fallen under the national average for three consecutive trimesters over the past year, a first since 1981, according to Statistics Canada." Read More

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