Ontario Out of Recession, But Road Back to Balanced Budget Will Be Tough: BMO
Author: // Category: MortgageTORONTO, Ontario, June 22, 2010 — The Ontario economy has pulled out of recession as the auto sector is rebounding and domestic demand, led by housing, is gaining strength, according to the Provincial Outlook report by BMO Capital Markets Economics. But the recession left a deep dent in Ontario’s economy, and a number of factors will likely temper growth in the coming years: a …
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Ontario Out of Recession, But Road Back to Balanced Budget Will Be Tough: BMO
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