The Conference Board of Canada is forecasting that Toronto will lead the country’s metropolitan areas with economic growth of 2.6% and Canada’s big banks are forecasting that Ontario will lead the country in economic growth.

Ontario’s unemployment rate sits at its lowest level in 16 years with the boom being felt across a range of sectors, including manufacturing, real estate, finance and technology.

Ontario businesses surveyed by the Bank of Canada say sales are up and they’re looking to invest in new equipment and hire additional staff.

The robust American economy gets some of the credit for Ontario’s growth.