Here is a listing of some of the major news stories around northern Ontario this week that in my view have some economic significance for the region. Of course, much of the week's news was dominated by the release of the 2016 Census population counts. Most of the stories in the regional media focused on local results (major centers actually saw declines) and there was little in the way of putting the results together for northern Ontario as a whole - though you can always see my post on the regional perspective. Enjoy and have a nice weekend.
Preparing Northern Ontario for the Future. Government of Ontario News. February 8th, 2017.
This was an item that does not seem to have been picked up by regional media but then despite the title of the release the actual report was a long-term report on Ontario's economy. The long and short - population and economic growth are being concentrated in the GTA.
Population decline is a Northern Ontario thing, says mayor. Timmins Today. February 9th, 2017.
Thunder Bay's population experiencing low growth. TBnewswatch. February 9th, 2017.
City Stalled; Stagnant growth, aging population present economic challenges. Chronicle-Journal. February 9th, 2017.
While the Thunder Bay CMA remained stable (up 25 people from 2011), the city itself saw the loss of 450 people. However, it should be noted that in this story, Thunder Bay's Mayor was optimistic about the Ring of Fire and admitted being surprised by the numbers given that there had been indications of heightened economic activity like more building permits. Given that the Thunder Bay CMA remained stable (0% growth), surrounding municipalities like Neebing (3.5%), Oliver Paipoonge (3.3%) and Shuniah (2.2%) saw increases, and the City of Thunder Bay fell (-0.4%), one wonders if the Mayor is willing to draw any insights from the Tiebout Model of migration as to why people have essentially been leaving the city but population in surrounding areas has been growing? I'd explain more but my time is limited. Looking for analysis? Hey, where is that research chair on the northern Ontario economy?
Sudbury's economic outlook positive. Sudbury.com. February 9th, 2017.
Mayor optimistic, despite weak population growth. Sudbury Star. February 9th, 2017.
Census. Thousands leave northern Ontario cities over last 5 years. CBC News Sudbury. February 9th, 2017.
Greater Sudbury is growing, but more people moving to the outskirts. CBC News Sudbury. February 9th, 2017.
Well, despite Tiebout effects, Sudbury is still growing.
North Bay's population down 3.9%-census. North Bay Nugget. February 8th, 2017.
Mayor confused by decline in North Bay's population. North Bay Nugget. February 8th, 2017.
I am not confused at all. Despite the increase in construction and building permits, there is really only so much government building projects can do. Sometimes, you need a surge in private sector investment too.
Census data shows Sault population declining. Sault Star. February 8th, 2017.
How on earth did Jocelyn Township's population grow one-third in five years? SOOToday. February 10th, 2017.
Sounds like more insights from the Tiebout Model in the Sault also.
Northern Economist 2.0
Friday, 10 February 2017
Wednesday, 8 February 2017
2016 Census of Canada: Northern Ontario Results
Well, the population counts of the 2016 Census of Canada were released by Statistics Canada today and there is an odd assortment of results for northern Ontario that are both good and bad. Canada's population in 2016 was 35,151,728 - an increase of 5 percent from 2011 - while Ontario's population was 13,448,494 - an increase of 4.6% from 2011. Northern Ontario's population actually grew between 2011 and 2016 from 775,178 to reach 780,140 for an increase of 0.64 percent.
Tuesday, 7 February 2017
Some Federal Fiscal Highlights
I have a new report out by the Fraser Institute in celebration of Canada's 150th Anniversary. It is titled A Federal Fiscal History: Canada, 1867 to 2017 and tracks federal government spending, revenue, deficits, debt and spending and revenue composition from 1867 to 2017. You can get the executive summary and the full report here. However, is a quick round-up of some federal fiscal highlights over the years:
Friday, 3 February 2017
Economic News Around the North: February 3rd Edition
Here are some stories over the last week from across northern Ontario that I feel have some significance for the region's economy. Have a nice weekend.
What the Finns can offer Northern Ontario's biomass economy. Northern Ontario Business. Jan 27th, 2017.
Thunder Bay and Fort William First Nation partner on economic development. Northern Ontario Business. February 2nd, 2017.
City to push economic development at ROMA. North Bay Nugget. January 29th, 2017.
Ring of Fire mining development still years away from delivering on a decade of hype. CBC Thunder Bay, January 30th, 2017.
Province pulls plug on loan program. Sault Star. February 2nd, 2017.
Sudbury a magnet for newcomers. Sudbury Star. February 1st, 2017.
And for those of you who believe that politics and institutions are important to economic performance, two stories of interest this week.
First, while its not yet Easter, there is this resurrection (It must be a slow news week in Sudbury):
We're one Ontario, says Wynne. Dismisses separation effort. Sudbury.com. January 27, 2017.
And for those of you who believe that the context of leadership does matter and that government leadership should aspire to formal and decorous behavior in order to help foster a community environment attractive to business and economic activity, there are these:
Hobbs sues Zaitzeff over YouTube video. Tbnewswatch. February 2, 2017.
Hobbs serves notice against Zaitzeff. Chronicle Journal. February 1, 2017.
What the Finns can offer Northern Ontario's biomass economy. Northern Ontario Business. Jan 27th, 2017.
Thunder Bay and Fort William First Nation partner on economic development. Northern Ontario Business. February 2nd, 2017.
City to push economic development at ROMA. North Bay Nugget. January 29th, 2017.
Ring of Fire mining development still years away from delivering on a decade of hype. CBC Thunder Bay, January 30th, 2017.
Province pulls plug on loan program. Sault Star. February 2nd, 2017.
Sudbury a magnet for newcomers. Sudbury Star. February 1st, 2017.
And for those of you who believe that politics and institutions are important to economic performance, two stories of interest this week.
First, while its not yet Easter, there is this resurrection (It must be a slow news week in Sudbury):
We're one Ontario, says Wynne. Dismisses separation effort. Sudbury.com. January 27, 2017.
And for those of you who believe that the context of leadership does matter and that government leadership should aspire to formal and decorous behavior in order to help foster a community environment attractive to business and economic activity, there are these:
Hobbs sues Zaitzeff over YouTube video. Tbnewswatch. February 2, 2017.
Hobbs serves notice against Zaitzeff. Chronicle Journal. February 1, 2017.
Wednesday, 1 February 2017
Demographics in Northern Ontario: Getting Ready for Census 2016
On February 8th, Statistics Canada is expected to
release the Population and Dwelling Counts for the 2016 Census. This is of interest everywhere but no
more so than in northern Ontario where the 2011 Census registered population
declines from 2006. Indeed, the
long-term trend has been for a shrinking population in northern Ontario both in
absolute numbers and as share of Ontario’s population. In 1976, northern Ontario (Algoma,
Cochrane, Kenora, Manitoulin, Muskoka, Nipissing, Parry Sound, Rainy River,
Sudbury [District & Regional Municipality], Thunder Bay & Temiskaming)
accounted for about 10 percent of Ontario’s population whereas by 2011 it was
down to 6 percent.
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