SW Ontario lagging behind in job creation, income growth, warns economist


city_scope_logo-cmykA sobering report released this week that brings into perspective the impact manufacturing’s decline has had on southwestern Ontario’s median household income through 2015 (the last year of available census data).
The report’s author Ben Eisen, a senior fellow with the Fraser Institute, notes Windsor falls from 10th highest median household income to 25th while London falls from 15th to 27th (out of 36 Canadian metropolitan centres).
St. Thomas is included in the London Census Metropolitan Area (CMA) and so the report has important local relevance.
Eisen’s work covers the period between 2005 and 2015 and so it is a look back in time and the next census in 2021 may give a clearer picture of where we are today.

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Ontario’s economy cannot prosper without a vigorous manufacturing sector


Formet Industries, St. Thomas

Formet Industries, St. Thomas


Posted by Ian:
Thanks to Serge Lavoie for the heads up on this positive look at this region’s manufacturing base. With plants and factories shuttered the length of South Edgeware and the Ford plant teetering, let’s hope that indeed the industrial engine is just idling.
So, here is the key question posed by the Toronto Star:

Without a revitalized manufacturing base, Ontario has little chance of a healthy economic recovery that delivers the good jobs and high productivity we need for sustainable prosperity.

So a key question as we face a federal election some time in the next 12 months is which party, Conservative or Liberal, can deliver the most effective manufacturing strategy for the province.
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