Federal Election Overview in the Windsor Area
Over the past two decades, the Windsor-West and Windsor-Tecumseh ridings have experienced notable shifts in federal political representation, reflecting broader national trends and local dynamics. Here's an analysis of the federal election outcomes from 2004 to 2021 in the three key ridings: Windsor—West and Windsor—Tecumseh.
IMPACT OF TRUMP’S TARIFF
Economic disruptions, job losses, market uncertainty and increased prices are some of the many potential impacts from Trump’s trade tariff on Canada. In this section, we focus specifically on the impact to Windsor, Ontario.
GDP Growth Does Not Always Reduce Unemployment
The relationship between unemployment and GDP is often explained by Okun’s Law. This law suggests that there is a predictable relationship between the two: for every 1% increase in the unemployment rate, a country’s GDP is expected to decrease by about 2%1.
However, the GDP has limitations and may not entirely reflect economic conditions. This certainly appears to be the case in Windsor where GDP has not always correlated to unemployment.
Average Rent Windsor Steady Climb
Housing has been a major policy issue in Canada for the past few years. This has ranged from conversation on factors such as increased house prices, lower supply (construction), and population growth.
When we look at Windsor, we see a steady increase in rent prices. However, compared to many parts of Ontario, Windsor still has some of the more affordable house prices - especially when you factor in population size. While bachelor units have seen a steady increase over the years,
Windsor’s GDP Increased by 43%
Gross Domestic Product (GDP) is a crucial measure of a country’s economic performance. It represents market activity within a region and is a great indicator of resources available to residents to ensure that sustainable living conditions can be met. Its relevance ranges from being an indicator of economic health.
Windsor’s Unemployment Decreases Year-Over-Year
Windsor, Ontario has experienced fluctuations in its unemployment rates over the past few years. At one point, the unemployment rate had reached a peak of 16.7% in May 2020. It began to steadily decline in the following months.
By March 2021, the rate had dropped to 9.8%.