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By Denture Debenture (anonymous) | Posted November 26, 2012 at 08:26:20 in reply to Comment 83136
Portland is of comparable population to Hamilton but also the largest city in Oregon, which makes its success or failure a belwether for the state. Ontario is blessed with the nation's capital and the province's capital/country's largest city. Oregon's scale equivalents for Toronto, Ottawa and Hamilton would arguably be Portland, Eugene and Corvallis. (Even here, however, there's a lesson: Corvallis Transit System is a fareless service.)
As for Albertan economic development, they're almost like bizarro Ontario. (And the whole of AB is half as populous as the GTA.)
http://www.rbc.com/economics/market/pdf/abbud2012.pdf
http://www.rbc.com/economics/market/pdf/ontbud2012upd.pdf
Alberta forecasts a balanced budget in fiscal year 2013-14 and a surplus of $5.2 billion for 2014-15. Ontario forecasts a deficit of $12.8 billion in fiscal year 2013-14, a deficit of $10.1 billion for 2014-15 and a balanced budget in fiscal year 2017-18.
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