13 Articles
13 Articles
The Toronto Star
Wealth gap between Montreal and Toronto remains steady, report finds
MONTRÉAL - A new report has found that Quebec’s regions have closed the economic gap with Ontario, even as the wealth gap between Toronto and Montreal remains.
Meanwhile, Montreal was not able to catch up with Toronto between 2011 and 2022
The regions of Quebec have caught up with their economic backwardness compared to Ontario, but the wealth gap between Toronto and Montreal is continuing, according to a report by the Institut du Québec (IDQ) unveiled on Tuesday.
Quebec's per capita gross domestic product (GDP) outside Montreal accounted for 91% of Ontario's per capita gross domestic product (GDP) outside Toronto in 2011, the paper notes.
MONTREAL, Nov. 10, 2026 /CNW/ -- The major cities remain the main centres of economic growth.
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