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: 2015
Provincial Outlook Long-Term Economic Forecast for Ontario: 2015
Provincial Economic Analysis
$635.00
- Demographic shifts will shape economic patterns over the next 20 years.
- Goods will take a back seat to services—in both consumption and production.
- Slow labour force growth will force firms to ramp up investment in machinery and equipment.
- Population aging will pose a monumental challenge to government finances.
- Ontario’s international trade deficit will gradually move into surplus by 2029.
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