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The Ontario economy continues to struggle, partly because export growth has so far failed to materialize. Consumers and homebuyers remain active, but they have limited ability to bolster the economy, and businesses have remained cautious in their capital spending. Real GDP is forecast to reach only 1.3% in 2013 (RBC Economics) but pick up significantly in 2014 as corporate Canada begins to loosen its purse strings in response to increasing global demand.
Source : Cushman & Wakefield
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