REM 300 Lecture Notes - Lecture 5: Lake Ontario, Golden Horseshoe, Urban Sprawl
12 Oct 2016
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Document Summary
Chapter eight: ontario profiles, trends and real estate value: Ontario marketplace is bested viewed in terms of economic and demographic forces. These forces explain how today"s market operates and help with expected trends. Ontario is know for its strong presence in the auto industry, agriculture industry (forest production, mining), tourism industry, the information and communication technology is increasing and the entertainment and creative sectors (broadcasting and publishing). Ontario moving away from good manufacturing to services. Gdp is strong as it is staying within the 2-4% range during the past 20 years. Productivity level has also increased during the last 15 years. Growth in employment rate and growth in personal income levels. 60% of canadians are highly skilled, as they have competed post-secondary educations. Other factors beyond provincial control can directly impact long term economic outlook such as: value of the canadian dollar, interest rates and the general economic ciliate in the us.
