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Toronto : Industrial Snapshot - 1Q 2013

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Toronto : Industrial Snapshot - 1Q 2013

GDP growth estimates have been on the decline across Canadian markets, with growth in Ontario estimated at a lack 1.5% for 2013. 17,000 jobs were lost across Ontario in March 2013, thought unemployment rate held flat at 7.7% as fewer people were participating in the labour force. Declines were felt in accommodation and food services, public administration and manufacturing Canada). The Canadian merchandise trade balance deteriorated to a $1.0 billion deficit in February from a revised $0.7 billion deficit in January. Exports declined by 0.6%. (RBC Economics)

Source : Cushman & Wakefield

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