Expect a mid-year growth pause in Ontario
Abstract:
Despite being hobbled by a 17% year-over-year increase in the value of the Canadian dollar versus the U.S. dollar and against the headwind of slower U.S. demand for its manufactured goods, Ontario has added almost 70,000 jobs since the beginning of this year. Moreover, in April, the province’s employment rate (the % of the working age population with a job) stood at 64%, an eighteen year high.
Comments
No comments posted for this article yet
Despite being hobbled by a 17% year-over-year increase in the value of the Canadian dollar versus the U.S. dollar and against the headwind of slower U.S. demand for its manufactured goods, Ontario has added almost 70,000 jobs since the beginning of this year. Moreover, in April, the province’s employment rate (the % of the working age population with a job) stood at 64%, an eighteen year high.