Hub Podcasts Ontario has become Canada’s ‘sick’ province
Jun 16, 2025
Ontario is facing severe economic challenges, dubbed Canada's 'sick' province, with youth struggling due to stagnant income and soaring housing costs. The decline of the Rust Belt region reveals deep systemic issues exacerbated by inefficient governance. Meanwhile, a critical look at Taiwan's geopolitical importance highlights its role in the semiconductor industry, urging Canada to adopt a proactive stance in supporting democratic values and strengthening ties.
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Ontario's Economic Underperformance
- Ontario has all the resources and advantages to be Canada's economic powerhouse.
- Yet it is stagnant, slow-moving, and structurally stuck, dragging down national prosperity.
Youth Hardest Hit by Stagnation
- Young Ontarians suffer most from economic stagnation and unaffordability.
- In Toronto, young people's real median incomes fell while housing costs soared dramatically.
Labor Market Woes in Ontario
- Ontario's labor market lags behind the national average with rising unemployment.
- Youth unemployment in Toronto jumped sharply to 16.3% by 2025, reflecting deeper structural issues.
