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Labour Market Bulletin, Third Quarter 2004
An Analysis of the Peel, Halton and Dufferin Area Labour Market
Human Resource Centre of Canada

An overview of the Halton, Dufferin and Peel areas

Construction continued at an accelerated rate in Peel, Halton and Dufferin, with significant amounts of work taking place and planned in Milton, as it remains one of Ontario’s fastest growing cities. Halton on the whole has seen developments increase as the area continues to grow and is redeveloped, with projects such as Burlington’s waterfront taking the lead.

The automotive sector is picking up speed in Brampton as DaimlerChrysler can hardly keep up with the demand for some of its new vehicles. The situation at Oakville’s Ford plant is not as positive, but future construction of a flexible manufacturing plant could change Ford’s fortunes.

Nortel remains the major story in the region as it struggles with legal and financial turmoil. While the company is still generating new business and winning contracts, they are expected to cut their workforce in order to improve their bottom line. The management area continues to see new businesses open, confirming that the communities in Halton, Dufferin and Peel are good places for companies to invest.

Highlights:

The unemployment rate in the Hamilton CMA fell by 1.5% over last year, while in the Toronto CMA it fell by 0.6%.
Total Employment Insurance claims were up in the Brampton-Halton & Mississauga management area over the third Quarter of 2003.
Oakville is experiencing significant growth in its residential construction, sparking high job growth rates.
DaimlerChrysler is in negotiations to add a third shift to its plant in Brampton and also confirmed manufacturing of the Charger at the same plant.
Milton Transit is back in operation, running three bus routes.
William Osler Health Centre in Brampton is facing job cuts to meet the Province’s deficit recovery program.

The complete Labour Market Bulletin, including these Highlights, is available in Adobe Acrobat PDF format, print version (size: 250 kb)

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