Incomes in Ontario Slowest Growing Nationwide Since 2002

Pedestrians cross a street in Toronto on Feb. 4, 2022. The Canadian Press/Nathan Denette

Ontario has had the slowest average income growth in Canada for the past 20 years, according to a new study.

Average incomes in Ontario not only grew at the slowest rate in Canada from 2002 to 2022, it came in more than 10 percent behind the second worst performing province, Alberta, said the Fraser Institute study published May 9.