REPEAT-BMO: Let's Create 13,000 Jobs Together in Kitchener-Waterloo-Cambridge
- BMO releases report on outlook for economy and labour market in Kitchener-Waterloo-Cambridge - Local economy outperforming the Ontario average and its peers in southwestern Ontario
(firmenpresse) - KITCHENER, ONTARIO -- (Marketwire) -- 03/01/13 -- The next three years will bring 13,000 new jobs to Kitchener-Waterloo-Cambridge, according to a new report released today by BMO Economics.
The report on the region is the first in a series of economic, housing and business overviews for various cities and regions across Canada that will be published by BMO throughout this year.
"The diversified Kitchener-Waterloo-Cambridge economy continues to perform relatively well," said Robert Kavcic, Senior Economist, BMO Capital Markets. "A number of measures show that the region's economy is outperforming both the Ontario average and its peers in southwestern Ontario."
Mr. Kavcic noted that better U.S. economic momentum in the second half of the year should lend support to the local manufacturing sector. "Looking out over the medium term, the region will likely see more than 13,000 jobs created by the end of 2016, pulling the unemployment rate down to 6 per cent - a full percentage point below the Ontario average."
"The Kitchener-Waterloo-Cambridge economy continues to perform well, due in part to businesses driving investment in their operations and overall expansion," said Janet Peddigrew, District Vice-President, Mid Western Ontario, BMO Bank of Montreal. "Local businesses are driving ahead and making important investments in new equipment, in expanding their operations and in hiring people and they tell us they will continue to do so. BMO is open for business, and we're ready to help local businesses get access to the capital they need to grow."
The report, released today, revealed:
Employment and Construction
Business Sector
The full report is available upon request.
About BMO Financial Group
Established in 1817 as Bank of Montreal, BMO Financial Group is a highly diversified North American financial services organization. With total assets of $542 billion as at January 31, 2013, and more than 46,000 employees, BMO Financial Group provides a broad range of retail banking, wealth management and investment banking products and solutions.
Contacts:
News Media Contacts:
Peter Scott, Toronto
(416) 867-3996
Valerie Doucet, Montreal
(514) 877-8224
Laurie Grant, Vancouver
(604) 665-7596
Internet:
Twitter: (at)BMOmedia
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 01.03.2013 - 08:00 Uhr
Sprache: Deutsch
News-ID 1202412
Anzahl Zeichen: 0
contact information:
Contact person:
Town:
KITCHENER, ONTARIO
Phone:
Kategorie:
Commercial & Investment Banking
Anmerkungen:
Diese Pressemitteilung wurde bisher 105 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"REPEAT-BMO: Let's Create 13,000 Jobs Together in Kitchener-Waterloo-Cambridge
"
steht unter der journalistisch-redaktionellen Verantwortung von
BMO Financial Group (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
