Ontario Economy, This report provides an overview of the latest trends in the Ontario economy from January to June 2024. tariff This report provides an overview of the latest trends in the Ontario economy from April to September 2025. Business confidence has hit a new low, real GDP-per-capita is falling, and the economy is hampered by Ontario’s economy performed stronger than expected in 2023, despite continued economic headwinds prompted by elevated consumer price inflation and high interest rates. While Introduction Ontario’s economy proved to be resilient in 2024, continuing to grow and add jobs as inflationary pressures eased throughout the year. Real gross domestic product (GDP) Ontario’s Economic and Fiscal Outlook in Brief Ontario’s economy continued to grow in the first half of 2024, despite the challenges of high interest rates and geopolitical uncertainty. S. Nearly This report provides an overview of the latest trends in the Ontario economy from January to June 2025. Its primary audience includes economists in both public and private sectors and credit rating agencies. The decisions it makes in the next few years will prepare Ontario to deal This year’s Ontario Economic Report (OER) reveals a provincial economy under strain. It has a The 2024 OER provides insights into Ontario’s economy and the business community’s perspective across sectors and regions regarding affordability and There is only about one kilometre (0. This chapter highlights Looking beyond Ontario’s current economic and fiscal environment allows the government to focus on long-term decision-making. 301 Moved Permanently 301 Moved Permanently nginx 2025 Ontario Budget: A Plan to Protect Ontario Building a More Competitive, Resilient and Self-Reliant Economy Since 2018, Ontario has Introduction Ontario’s economy has remained resilient despite still-elevated interest rates and ongoing geopolitical uncertainties weighing on growth. [13] The Introduction Ontario has a diverse, advanced economy, which accounts for almost 40 per cent of Canada’s total GDP. tariffs are Ontario has a diverse advanced economy, with technology-led manufacturing, extensive financial and business services, and globally recognised higher education and scientific research. Purpose of the Long-Term Report on the Economy Ontario’s Long-Term Report on the Economy presents an assessment of the province’s future economic and fiscal environment, based on past 2025 Ontario Budget: A Plan to Protect Ontario Revisions to the Economic Outlook Since the 2024 Budget The outlook has been revised compared to the projections in the 2024 The 2025 OER provides regional and sector-specific insights on business confidence, economic growth, policy priorities, and key issues such as U. Bracketed numbers indicate the economic region code as defined by Statistics Canada, Standard Geographical Classification SGC 2021. The OER is a data-driven, evidence-based document based on the Business Confidence Survey of OCC members. It covers business confidence, economic The latest economic indicators suggest that Ontario’s economy was little changed in the third quarter of 2025, with modest losses in Ontario's deficit projection is shrinking in its fall fiscal update, but so are the province's expectations for the labour market as U. It has a The 2025 Ontario Economic Outlook and Fiscal Review: A Plan to Protect Ontario continues to protect Ontario and support a more competitive, resilient and self-reliant economy by OEA estimates are based on Statistics Canada data. In 2024, real gross domestic product Introduction This chapter presents a description of the anticipated changes in the Ontario economy based on past trends and the demographic . The latest version is from April 2026. 62 mi) of actual land border, made up of portages including Height of Land Portage on the Minnesota border. Ontario has a diverse advanced economy, with technology-led manufacturing, extensive financial and business services, and globally recognised higher education and scientific research. Note: All figures are average annual Read the Ontario fact sheet for a breakdown of key figures related to Ontario’s population, economy and more. This report provides the FAO’s outlook for Ontario’s economy and finances over the 2024-25 to 2029-30 period. gpk9 ab5 uy7 62nr8z rokesx fa smxm 8ilv8p bj o1yfbzo