Saturday, May 25, 2024

Business News

Residential non-waterfront sales activity recorded through the MLS System for the Lakelands region, which includes the Municipality of Meaford, totalled 318 units in February 2024. This was a sizable gain of 24.2% from the same period in 2023. Residential non-waterfront sales were 16.1% below the five-year average and 11.6% below the 10-year average for the month of February. On a year-to-date basis, residential non-waterfront sales totalled 516 units over the first two months of the year. This increased by 11% from...
In February, the unemployment rate for the Stratford-Bruce Peninsula Economic Region, which includes the Municipality of Meaford, decreased by 0.3 percentage points to 4.5%. Meanwhile, the provincial unemployment rate increased by 0.3 percentage point to 6.1%, both unadjusted for seasonality. In February, the Region’s overall population increased by +400 and the labour force size increased by +300, whereas the size of population not participating in the labour force increased by +100. Thus, the participation rate remained unchanged. The Region also...

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