This quarterly economic forecast for the province of Ontario examines the economic outlook for the province, including gross domestic product (GDP), output by industry and labour market conditions.
Document Highlights
Ontario’s real GDP will expand by 3.8 per cent this year and 3.4 per cent in 2023.
Inflation will remain elevated in the near term, putting a dent in real household spending.
Employment in the province experienced a setback in January but is poised to bounce back quickly.

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