In­au­gu­ral On­tario Eco­nomic Re­port Fore­casts Out­look for Lo­cal and Pro­vin­cial Econ­omy: Hamil­ton Cham­ber of Com­merce

The Hamilton Spectator - - HAMILTON BUSINESS -

Last week, the Cham­ber in part­ner­ship with the On­tario Cham­ber of Com­merce re­leased our an­nual eco­nomic up­date, which in­cludes a num­ber of busi­ness per­for­mance and con­fi­dence in­di­ca­tors, along with pol­icy rec­om­men­da­tions to ad­dress the chal­lenges fac­ing the On­tario econony. Eco­nomic out­look data re­veals that the unem­ploy­ment rate in the Hamil­ton cen­sus metropoli­tan area (CMA) is ex­pected to drop to 5.8 per­cent (down from 6.2 per­cent in 2016) and the me­dian res­i­den­tial hous­ing price will be $410,000, re­flect­ing a 4.6 per cent in­crease over last year. Please see our pol­icy blog for more de­tails.

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