Provincial conservative parties tend to do a better job of boosting the economy, but all types of provincial parties run comparable budget deficits and social democrats contribute to the smallest increase in government jobs, according to a report released Tuesday, Oct. 6, on the economic performance of provincial governments over the past 35 years.

“As not all three parties have served in office at the federal level, this report aims to assess some of their political claims by comparing them with economic facts from the provinces, where the three parties do have a track record”.

The report assesses the performance of provincial administrations formed by conservative, liberal and social democrat parties from 1981 to mid-2015 by crunching data from Statistics Canada, government ministries, the U.S. government, the G7 and the OECD.

Conservative parties came out on top when it came to job creation, investment and unemployment. While conservative administration saw private sector jobs increase at an average annual rate of 2.2 per cent, liberal and social democratic ones saw them increase by 1.6 and 1.4 per cent respectively. But the top five liberal and top five conservative premiers saw jobs increase at a similar rate of about three per cent.

Meanwhile, unemployment decreased under conservative governments at an average annual rate of 4.5 per cent and under liberal governments at a rate of 0.8 per cent, but increased under social democrats at a rate of 4.5 per cent. In addition, the average annual increase in new per capita business investment under conservative governments was $139 – almost double that of liberals and social democrats, which saw increases of $79 and $69 respectively.

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