A leading financial agency is forecasting solid economic growth for London, defying fears of a downturn amid a trade and tariff war between the U.S, and Canada. The Conference Board of Canada in its recent major city insights report, predicts the London and region economy will grow by 1.7 per cent this year, after growing […]
London Free Press
U.S.-Canada trade tensions led to a steep drop in Canadians heading south last month – a trend that, if it continues, could help boost the London region’s tourism sector, an industry watcher says. Some 1.5 million Canadians made return trips to the U.S. by car in March, a 31.9 per cent drop from the same […]
London Free Press
The London region’s unemployment rate improved in March as the local economy added 2,200 new jobs, a strong showing that doesn’t yet reflect the impact of the trade war between Canada and the U.S. The region’s jobless rate now sits at 5.9 per cent, down from February’s 6.6 per cent, Statistics Canada reported Friday. Including […]
London Free Press
Tariffs landed with a thud in Ontario’s industrial heartland Thursday, shuttering one major automaker and spreading uncertainty among smaller automotive parts suppliers across the London. The U.S. held to its pledge to punish manufacturers shipping goods south of the border, charging a 25 per cent tariff on automobiles, tariffs on some automotive parts in addition […]
London Free Press
Mayor Josh Morgan and the city's economic development agency respond to U.S. President Donald Trump's latest decrees on tariffs
London Free Press
Barriers to trading goods between provinces could be costing the wider London area as much as $1.4 billion in lost production a year, a national economist says.
London Free Press
Southwestern Ontario may be Ground Zero for the impact U.S. tariffs would have on the provincial economy, national economists warned.
London Free Press
The London-area economy added close to 3,000 jobs in November, but the regionâs jobless rate still edged up last month as more people looked for work, Statistics Canada reported Friday. In total, the London area, which also takes in St. Thomas, Strathroy and portions of Elgin and Middlesex County, added
London Free Press
Industry watchers appear divided over the potential impact on Londonâs housing market of possible tariffs on Canadian exports to the U.S., especially if they lead to Volkswagen pulling the plug on its St. Thomas battery plant.
London Free Press
London’s once hot economy remains âhealthyâ although it slowed this year to a steady pace that is expected to continue through 2025, says an economic report released Thursday. London enjoyed a 3.2 per cent increase in the value of goods made here, called gross domestic product or GDP, in 2023
London Free Press
London’s hot economy will cool in 2024, but the dip will be short-lived as strong economic growth will return in 2025, a new report from the Conference Board of Canada says. Read More