ONTARIO-Monthly employment numbers released by Statistics Canada today showed Ontario added 26,100 jobs last month, including 11,400 jobs in the construction sector and 7,100 jobs in the manufacturing sector.
“As Ontario, like the rest of the world, continues to face economic uncertainty due to high interest rates and global instability, our government is building a more resilient economy that can weather any storm.” said Vic Fedeli, Minister of Economic Development, Job Creation and Trade. “Last month, we released our 2024 Budget: Building a Better Ontario. The Budget outlines our government’s plan to rebuild Ontario’s economy without raising taxes. As part of our plan, we’re creating the conditions to attract new investments and better jobs with bigger paycheques in every region of the province. This includes our government’s $140 million Regional Development Program (RDP) that provides targeted financial and advisory supports for small and medium-sized businesses.”
Over 110 projects across Ontario have received support through the RDP, leveraging more than $1.5 billion in new investments that have created over 2,800 good-paying jobs according to the province.
“As our population grows, we will continue working hard to create more good-paying jobs, strengthen Ontario’s supply chains, and support long-term economic resilience across the province.” said Fedeli.
