Economic News

Couple of pieces of good economic news this morning. 

First, StatsCan is reporting that 6,100 more people in the Barrie area have a job in April 2011 compared to April 2010 – employment in the Barrie CMA is up from 98,200 in April 2010 to 104,300 in April 2011, dropping the unemployment rate by 2.2% to 8.9%.   But to my mind, 8.9% is still too high.  Although this is right on the provincial rate for Ontario, we still have a ways to go.  But moving in the right direction.

Second bit of news is BMO’s Sherry Cooper is forecasting 3% growth for Barrie this year – click here to go to the article.

About jefflehman
Jeff Lehman is the 46th Mayor of the City of Barrie. The Ward 2 Councillor for the City of Barrie from 2006 to 2010, he was the Chairman of the Finance Committee of Council, chaired the City’s Growth Management Working Group, and created the Historic Neighbourhoods project, a new initiative to protect and revitalize Barrie’s oldest neighbourhoods. Jeff has lived in Barrie for most of his life, having grown up in Allandale and attended Barrie Central Collegiate. Jeff holds a B.A. from Queen’s University, and a Master’s Degree with first class honours from the UK’s prestigious London School of Economics. He was hired to teach at the LSE following his graduation, and lived and worked in London for two years as an academic. Since that time, as an economist, he has worked with cities across Canada to manage redevelopment and invest in their urban infrastructure. In 2005, he established the Growing By Degrees Task Force to assist in expanding university education opportunities in Barrie, and has volunteered his time with many organizations in the City. Jeff lives near Downtown Barrie with his wife, Jennifer, a part-time professor of political science, and their young daughter Cassie, who is already smarter than her father.

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