Ontario Gains 32,000 Jobs in November
McGuinty Government Takes Action to Grow and Strengthen the Economy
Ontario's strong plan to protect health care and education, eliminate the deficit and build a more competitive business climate has helped to create 32,000 net new jobs in November.
Earlier this week, Brad Duguid, Minister of Economic Development and Innovation, was in New York to promote, build and strengthen partnerships with key businesses in the financial services and information and communication technology sectors. The GTA is North America's second largest financial services hub after New York City based on direct employment.
Providing the right climate to attract investment and build business is part of the McGuinty government's plan to create jobs and strengthen the economy. A strong economy protects the services that mean the most to families -- health care and education.
- Unemployment also fell by 0.4 percentage points.
- Employment in Ontario has increased by 378,100 net jobs from the recessionary low in June 2009.
- More than 45 per cent of all new Canadian jobs in 2011 were created in Ontario.
- Four of the world’s 10 strongest banks are headquartered in Ontario.
“Ontario’s economy is moving in the right direction. Our government is committed to taking the right steps to continue building confidence in Ontario’s economic future and to support job creation.”