Tag: London economy
London economy set for sharp slowdown in 2026: Report
Growth to drop to 0.9 per cent after stronger-than-expected 2025, report says.
ANALYSIS: ‘Tough year’ looms after London region lost 5,000 jobs in a month
‘We’re at the front edge of a wave. I don’t want to be doom-and-gloom but it will get worse before it gets better.’
London-area jobless rate jumps to 6.9% amid ongoing trade war
London’s unemployment rate went up by half a percentage point for a second straight month in May, Statistics Canada reported Friday, as the ongoing trade war between Canada and the U.S. continues to take a toll on the local economy. The London region, which also takes in St. Thomas, Strathroy and portions of Elgin and […]
London-area jobless rate spikes in glimpse of Donald Trump’s tariff toll
London’s unemployment rate jumped by half a percentage point in April as the local economy shed nearly 2,000 jobs and the toll of the U.S.-Canada trade war came into sharper focus. Statistics Canada reported Friday the jobless rate for the region, which includes St. Thomas, Strathroy and portions of Elgin and Middlesex counties, hit […]
London jobless rate improves, but U.S. tariffs toll hasn’t yet hit
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 […]