According to Craig Wright, RBC Senior Vice President, Chief Economist and Sean Simpson, Vice President, Ipsos Public Affairs the Ontario economy is healthy.Craig Wright and Sean Simpson spoke at a breakfast hosted by the Oakville Chamber of Commerce on Tuesday, January 10, 2018.
Big issues effecting the Ontario Economy were NAFTA, Ontario’s Regulation of the Housing Market and the implementation of the $14.00 minimum wage.
60 percent of Canadians believe Trudeau is effectively managing our relationship with the Trump government, including the NAFTA negotiations. Mr. Wright predicts that NAFTA will be ripped up, even though the preference would be to tweak the existing agreement. Should NAFTA be terminated, Ontario’s economy is not expected to suffer, because trade is balanced between our countries.