Ontario employment growth best in Canada as province regains almost all lost jobs from the recession…annualized growth of Ontario’s economy marks highest since 1999…


(Source: The Globe and Mail)


Ontario is in the midst of an “impressive” economic recovery driven by government stimulus, a pickup in auto manufacturing and a hot real estate market, BMO Nesbitt Burns says.

“In fact, the recovery has been so potent that the province, which had been Canada’s economic whipping boy throughout the recession, has now moved to the top of the pack on a number of indicators,” economist Robert Kavcic said in a research note today.

Read the full article, “Ontario: From ‘whipping boy’ to impressive rebound” in the Globe and Mail July 23, 2010.

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