Business confidence wanes in Ontario's economy, says Chamber report

Now the Ontario Chamber of Commerce says we’ve reached a “new low” in its seventh annual Ontario Economic Report.

Surprisingly, respondents in northeastern Ontario expressed the highest degree of confidence in what lies ahead at 38 per cent, tied with folks with Stratford-Bruce Peninsula and just behind people in the London area at 43 per cent. Those surveyed in northwestern Ontario cumulatively registered at 34 per cent.

Somehow, 53 per cent of businesses polled remain optimistic about the immediate future and the growth prospects of their own organizations, as high employment rates and population growth should prevent a steep decline in consumer spending. The YMCA Northeastern Ontario Employment and Immigration Services reported between 50 to 80 new job postings every week – “an amount that was historically unheard of.”

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business confidence wanes in Ontario's economy, says Chamber reportRead the full story and comment on Tbnewswatch.com
Source: tbnewswatch - 🏆 75. / 51 Read more »

Opinion | Ontario needs to invest in the non-profit business model for health and social servicesOpinion: For the past 20 years, for-profit corporations have been taking over community infrastructure and services — the results have been disastrously poor. And the government would do it for less money and more efficiently? Lol 😂 Misinformation and brainwashing the masses of the weak minded Yup
Source: TorontoStar - 🏆 60. / 55 Read more »