Economic Overview – Ontario

The Province of Ontario is the most populous province in Canada. Besides having 40% of Canada’s population, Ontario has the most culturally diverse community.

Ontario generates 39% of Canada’s GDP, with the service sector, manufacturing, agriculture, mining, and forestry industries being major contributors. Nearly 50% of Canada’s high tech, financial services and other knowledge-intensive industries are in Ontario. Meanwhile, Ontario is Canada’s manufacturing powerhouse, shipping more than $258 billion of automobiles, information and communications technologies, biotech, pharmaceuticals, and medical devices. The Provincial mining industry is among the top 10 producers in the world for nickel and platinum and a significant producer of gold, copper, zinc, cobalt, and silver.