Economy Stays Afloat as Growth Ebbs: Ontario’s Five-Year Outlook

Economy Stays Afloat as Growth Ebbs: Ontario’s Five-Year Outlook

Provincial Economic Analysis
Pages:13 pages9 min read

Author: Signal49 Research

$705.00

This quarterly economic forecast presents the medium-term outlook for the Ontario economy in terms of population growth, labour markets, consumption, and investment. For an overview of all major components of the economy, go to the Canadian Outlook main page.

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Inflation and high interest rates continue to have an impact on labour markets and consumer spending in Ontario. Economic growth will be modest this year. However, the outlook will brighten next year with an added increase in GDP expected. 

But which sectors are expected to underperform this year? Where is the lion’s share of investment going? And how will population trends affect the labour market?

Read the issue briefing to get our full analysis. 

Key findings

Ontario snapshot
Overview
Labour markets and consumption
Investment
Manufacturing
Housing
Government outlook
Methodology

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