Ontario Chamber of Commerce Releases 2021 Ontario Economic Report
· by c.dambrosio@hamiltonchamber.ca
On January 28, 2021, the Ontario Chamber of Commerce (OCC) released the fifth annual Ontario Economic Report (OER) detailing the experiences and confidence levels of Ontario businesses based on data collected through multiple surveys conducted over the past several months.
Click here to review the 2021 Ontario Economic Report
According to the OER, Ontario witnessed a steep decline in real GDP growth (-5.6 percent) in 2020 but is projected to see a moderate rebound of 4.8 percent in 2021, fuelled largely in part by expectations for vaccination rollout and the eventual re-opening of the economy.
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