BMO releases report on outlook for economy, housing and labour market in Sudbury
– Sudbury’s unemployment rate expected to drop to 6 per cent by 2016; back to pre-recession lows
– Strong commodity demand and industry expansion will generate growth in mining sector
– Sudbury Chamber of Commerce: City is on the Move
– BMO offering support to Canadian businesses by making $10 billion in credit available over next three years
For the entire report, click here: http://www.bmonesbittburns.com/economics/reports/20120531/SR120531.pdf
SUDBURY, ONTARIO–(Marketwire – May 31, 2012) – The next four years will bring 4,000 new jobs to Sudbury, according to a new report released today by BMO Capital Markets Economics.
The report on Sudbury is the latest in a series of economic and business overviews for various cities across Canada that will be published by BMO throughout the year.