Ontario Economy
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Jobs or housing? How Ontario’s 2 key priorities could collideA recent shift from the province suggests two goals — jobs and housing — may be in conflict as the Ford government weighs scrapping rules it introduced to protect employment lands.EconomyNov 9, 2023
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EXCLUSIVE: Premier Doug Ford’s 2018 mandate letters demanded savings by ‘year two’Global News can reveal the 2018 mandates given to the Minister of Finance, Treasury Board and all cabinet ministers instructing them to “identify efficiencies and savings.”PoliticsSep 13, 2023
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Almost 30% of Ontarians buying used goods monthly to help with cost of living: surveyA total of 29 per cent of Ontarians who responded to a Paypal survey admitted to buying second-hand goods once a month, which is actually below the national average of 31 per cent.CanadaJun 14, 2023
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Volkswagen to build EV battery plant in OntarioVolkswagen has announced it plans to build an electric vehicle battery plant in St. Thomas, in southwestern Ontario.EconomyMar 13, 2023
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Italian pasta company Andriani to open production facility in London, Ont.The plan will see Andriani, known for its Biori and Felicia pasta brands, construct a 50,000 sq. ft. facility dedicated to manufacturing allergen and gluten-free pastas.EconomyFeb 15, 2023
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Ontario resilient enough to weather possible recession, finance minister saysPeter Bethlenfalvy says the fiscal situation has improved by billions of dollars, although still running at a deficit.EconomyFeb 15, 2023
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Ontario’s economy to slow sharply, but rebound next year: fiscal watchdogThe Financial Accountability Office of Ontario says the province's economic growth is expected to slow sharply this year with a modest recovery beginning next year.EconomyFeb 7, 2023
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Ontario’s tourism sector won’t fully recover from pandemic until 2025: reportOntario's tourism industry is not expected to fully recover from the pandemic until 2025, the Ontario Chamber of Commerce and the industry say in a joint report.CanadaDec 12, 2022
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Hourly wages needed to live in Ontario rise as inflation persistsIn the report, the Ontario Living Wage Network says the living wage in Toronto is now $23.15 an hour, up almost five per cent from $22.08 a year earlier.EconomyNov 14, 2022
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Fall economic statement offers new supports amidst ‘uncertain’ economic future for OntarioThe Ford government has unveiled its fall economic statement with a handful of tax cuts and changes as the province braces for ‘economic turbulence on the horizon.’EconomyNov 14, 2022
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