​Ontario set to lead the economy in 2015 says TD Bank

With the decline in the energy and raw materials sector it will be Ontario that leads the nation’s economy in the coming months.

With the decline in the energy and raw materials sector it will be Ontario that leads the nation’s economy in the coming months. That’s the finding of a report by TD Bank which predicts growth in Ontario of 2.5 per cent with BC at 2.4 per cent and Alberta on 2.3 per cent. The bank notes that house prices in Alberta are vulnerable to a downturn but interest rates are likely to stay low it says as a slowdown will curb inflation concerns.

 

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