Ontario regaining status as economic engine for Canada

petros

The Central Scrutinizer
Nov 21, 2008
118,577
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Low Earth Orbit
Yep. Since 2003, wages in Ontario for the 35-45 age group have stagnated while wages for the 24-34 age group have actually gone down.
Average price of a house in Ontario has increased by $331,000 since 2003 and by $113,000 just since the Wynned sock years, making Ontario second only to BC when it comes to increased housing costs.

But you can't really blame Flossie. This is a rosy report from a left-wing govt so he desperately wants to believe it.
What concerns me are two things; the lack of anyone really worth voting for, and the number of gullible idiots who will actually swallow this tripe like Flossie has as we head into election time. And the the thing is, it won't matter whose face the Liberals decide will front the party, their policies will be the exact same disastrous policies we've seen since 2003. It would be like changing a baby's diaper and tossing the diaper with the main turd away and slapping a new one on without cleaning up the shit that's left behind first.

We didn't have in flatiron issues when our dollar was worth a dollar but a dollar is too much for ON tulip factories.
 

Musky

Time Out
May 19, 2017
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I'm being told by arrogant Albertans that we get to complain about equalization now.


Ontario regaining status as economic engine for Canada

After years of lagging behind the oil-producing provinces, Ontario's economy is surging.

Don't believe it? There's plenty of evidence.

Canada's big banks are forecasting that Ontario will lead the country in economic growth this year or be within a hair of the top of the pack. Unemployment sits at its lowest in 16 years. And that economic success is being felt across a range of sectors, including manufacturing, real estate, finance and technology.

Corporate profits in Ontario are up significantly. You can tell by the province's corporate tax revenue, which jumped a whopping 16.8 per cent last year, and 19.6 per cent in 2015.

Ontario businesses surveyed by the Bank of Canada say sales are up and they're looking to invest in new equipment and hire additional staff.

The boom is centred on the Greater Toronto Area, forecast this week by the Conference Board of Canada to lead the country's metropolitan areas in 2017 with a 2.6 per cent increase in the gross domestic product. Other parts of the province are doing well too, particularly Windsor, the Ottawa region, and the Kitchener-Cambridge-Guelph triangle.

"Through 2019, Ontario households will reap the benefits of a robust business sector," the conference board's latest report says. "With the labour market looking good, healthy consumer spending across all spending categories is expected over the near term."

RBC senior economist Robert Hogue described this province as having "quite a vibrant" economy.

"The Ontario economy has been, I think, quite impressive at adapting, at adjusting, and at continuing to generate jobs," Hogue said in an interview with CBC Toronto last week.

"The Ontario economy has been quite strong over the last couple of years," said Dina Ignjatovic of TD Economics in another interview. "We expect to see another very strong year in 2017."

It's guaranteed the Wynne government will point to these trends on Tuesday when it announces its plans to protect vulnerable workers and hike the minimum wage to $15 an hour (as revealed by CBC News this month).

Ontario regaining status as economic engine for Canada - Toronto - CBC News

You're a stooge.:roll:
 

Angstrom

Hall of Fame Member
May 8, 2011
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Thank you Saudi's for that 100 billion dollar manufacturing war engine contract. Trudeau appreciates you're business. I hope you get to kill many people with them.

Anyone worried that Trudeau got elected pretending to be really nice, but selling weapons to Saudi's that kill a lot of people?

Is it ok as long as Trudeau keeps bull $hiting you Cliffy?

Eat it all up snowflakes. Eat that spoon fed Bull$hit right up :laughing3:
 

taxslave

Hall of Fame Member
Nov 25, 2008
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Vancouver Island
Dat leftie rag, RBC.


RBC’s provincial outlook, released in March, has Ontario leading the pack with 2.5 per cent growth. The bank expects Alberta to expand 2.1 per cent this year — a solid performance but one substantially weaker than the gangbusters rate the Conference Board is predicting.

Ontario vs. Alberta smackdown: Which will lead Canadian growth this year? | Globalnews.ca

That's nice. WHen your economy has been in the negative for the last several years 2.5% increase is easy to obtain.

We'll believe that when we see it!

How's the water level around your place?
 

JLM

Hall of Fame Member
Nov 27, 2008
75,301
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Vernon, B.C.
That's nice. WHen your economy has been in the negative for the last several years 2.5% increase is easy to obtain.



How's the water level around your place?


We're not personally affected but there's lots in the surrounding area who are.
 

MHz

Time Out
Mar 16, 2007
41,030
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Red Deer AB
(besides the fact that no nation rises or falls without the World Banks okaying the action. That also means wars can have a predetermined start date and end date, like both World Wars. That may fit with some people but I see it as being about as insane as a person's thinking can go. The practice of Health Canada to use their position to experiment on people while trying to keep it hidden is a bit disgusting to tell you the truth and Alberta Health is in lock step with them so they are carrying the established policy
 

petros

The Central Scrutinizer
Nov 21, 2008
118,577
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Low Earth Orbit
You like Clitty are my welfare slave. We pay shitheads like you to live in buttf-ck nowhere to pay mortgages with your gimp cheques to keep gas stations open so we can drive through.