Economic Good News

Finally, some good news about Ontario's economy which has taken a severe beating for years.

The Conference Board of Canada predicts the province will have the second strongest economy in the country this year and thousands of new jobs to go with it.

While lagging behind B-C, Ontario is expected to outpace the national average for the first time in a decade.

The board predicts Ontario will grow by 3.5 per cent this year.

The board says the credit for the turnaround will go to the auto sector which should have double-digit growth.

Ontario is projected to gain about 74-thousand new jobs this year.