Threats Ahead For The Toronto Economy

Threats Ahead For The Toronto Economy

Long term threats to the Toronto economy exist, in the form of a slowdown in the condo market, and manufacturing sector. The condo market is being reigned in by government policy to reduce consumer debt, as well as the threat of politics in the United States pushing that economy into recession, and driving down demand for manufactured goods, in particular autos which are made in the Toronto Centered Region. Toronto has a diversified economy, with large sectors of employment concentrated in the Financial, Communications, Media, Retail, Construction, Health and Sciences fields.