All Provinces Fall to Bottom Half in North American Economic Freedom Rankings: Report

Canada’s trend toward greater restrictions on economic freedom could lead to a weakened economy moving forward, a new report warns. For the first time, every province ranks in the bottom half of jurisdictions in the annual North American rankings report by the Fraser Institute. “Since 2014, all Canadian provinces have suffered significant declines in economic freedom at the all-government level, while a majority of provinces also suffered declines at the subnational level,” Fred McMahon, the Dr. Michael A. Walker Chair in Economic Freedom at the public policy think tank, said in a press release.  Mr. McMahon is a co-author of the “Economic Freedom of North America 2023” report, which reflects 2021 data, released by the Fraser Institute on Nov. 9....