Tag: Statistics Canada
The city enjoyed a 3.2 per cent spike in the value of goods made here, called gross domestic product or GDP, in 2023. However, inflation and interest rates have taken hold to slow that to 1.7 per cent
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. However, higher inflation and interest […]
Living wage in Grey-Bruce $23.05 per hour, report says
It costs more to live in Grey-Bruce than anywhere else in the province outside of Toronto, according to the 2024 Ontario Living Wage Network’s latest report. A resident of the Grey, Bruce, Perth, Huron, Simcoe region needs to earn $23.05 hours per 40-hour work week to make ends meet this year, which is up 1.3 […]
Report says the living wage in Grey-Bruce is $23.05 per hour
It costs more to live in Grey-Bruce than anywhere else in the province outside of Toronto according to the 2024 Ontario Living Wage Network’s latest report. A resident of the Grey, Bruce, Perth, Huron, Simcoe region needs to earn $23.05 hours per 40-hour workweek to make ends meet this year, which is up 1.3 per […]
London unemployment rate holds steady, even as more jobs created
The London area added 1,400 new jobs in October, the second straight month of employment gains for the region, Statistics Canada reported Friday. Despite the gains, which followed an abysmal summer in which London shed about 7,300 positions, the jobless rate for the region was unchanged from Septemberâs 6.4 per cent. Thatâs the result of […]
Five cities, including London, driving human trafficking in Canada: Report
Five Canadian cities contribute 45 per cent of all human trafficking cases: Toronto, Ottawa, Halifax, Montreal and London.
International student cuts hurting Canada: Fanshawe College student leader
The president of the student union at Fanshawe College said Canada’s decision to cut international students is tarnishing the country
New home prices in London drop, buyers gain clout: ‘Tight market’
Higher interest rates that created lacklustre demand and slowed home sales in London also appear to be forcing prices on new homes to drop, the latest market snapshot from Statistics Canada shows. According to the federal agencyâs latest new housing price index â representing changes over time in the selling price of new residential houses […]
Affordable rents: Here’s what you need to make in London (a lot)
Londoners need to make $32 an hour if they want to keep their rent from chewing up more than 30 per cent of their income.
Letters to the Editor: October 16, 2024
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London jobless rate improves slightly with small job gains after months of losses
Londonâs unemployment rate went down in September by the slightest of margins thanks to modest job gains that helped break a three-month streak of losses. The London area, which also takes in Strathroy, St. Thomas and portions of Elgin and Middlesex counties, added 700 new jobs last month, Statistics Canada reported Friday. That helped bring […]