This annual 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.
Provincial Outlook Long-Term Economic Forecast for Ontario 2014
Provincial Outlook Long-Term Economic Forecast for Ontario 2014
Provincial Economic Analysis
$625.00
- The aging of the population will have a considerable negative impact on Ontario’s economy.
- Labour markets will be tight over the long term, supporting robust income and consumption growth.
- Firms will invest in machinery and equipment to remain globally competitive in the face of tight labour supply.
- Government budgets will be squeezed on both sides due to the aging of the population.
- Financial services will become increasingly important in Ontario’s trade mix.
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