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BREAKING: 🇺🇸 American wages have fallen to 43% of national income, the lowest since the Great Depression. For every $1 the US economy produces, workers are getting less of it than at any point since 1929. The rest is going to corporate profits, which are now at an all time high. This is why the economy keeps growing but most Americans feel poorer. GDP goes up, wages go up in dollar terms, but workers are getting a smaller and smaller slice of what they actually produce. Asset prices keep rising for the same reason. Money that used to go to wages is now going to shareholders instead, and shareholders put it into stocks, real estate and other assets.

Amid global economic uncertainty, our government is building a more competitive and resilient Ontario economy in the G7.   By providing immediate support to tariff-impacted workers and businesses, we’re ensuring the conditions are there to secure more job-creating investment across the province.