Economics

Central 1  /  In the News  /  Economics

Economic growth is expected to continue in all Ontario regions through 2019, according to new Central 1 Report

Posted on
TORONTO - Economic growth continued to spread across Ontario’s regional economies during 2017, according to the latest regional economic forecast by Central 1 Credit Union (Central 1). “Growth was concentrated in the Toronto, Hamilton-Niagara, and Kitchener-Waterloo-Barrie regions,” says Central 1’s Regional Economist and report co-author, Edgard Navarrete. “Housing activity expanded in most regions, while prices rose in all regions.” Central...

Ontario’s economy poised for expansion into 2020, says Central 1 economic forecast

Posted on
VANCOUVER, B.C. – Ontario’s economy will see moderate growth into 2020, with support from below normal interest rates, firmer U.S. growth, a low dollar, high population growth, and a pickup in business investment and government capital spending, according to the latest forecast from Central 1 Credit Union (Central 1). Growth over the next three years will be slightly slower than...