Welcome to Guelph, Ont., pop. 121,688 and Canada’s jobs powerhouse

bmoranking

It’s a cute city, crime is low and there are a lot of university kids. And, notably, it leads the country on the jobs front.

Guelph has generally had lower unemployment. But a rejigged ranking of Canadian cities by BMO Nesbitt Burns puts it in top spot, with jobs growth of more than 9 per cent in December compared with a year earlier, an employment rate of 72 per cent that’s the best in the country, and a jobless level that is among the lowest and now down almost a full percentage point from late 2014.

“Guelph tops the list with robust job growth, population inflows, a puny 4.2-per-cent jobless rate and the highest share of the population that is working,” BMO senior economist Robert Kavcic noted as he released the rankings after Statistics Canada’s latest labour market report on Friday.

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Source: BMO Ranking
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