Down But Not Out: Ontario’s Five-Year Outlook

Down But Not Out: Ontario’s Five-Year Outlook

Pages:13 pages15 min read

Author: The Conference Board of Canada


This quarterly economic forecast for the province of Ontario examines the economic outlook for the province, including total gross domestic product, output by industry, and labour market conditions.

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This quarter, we assess the fallout from restrictive monetary policy in Ontario’s economy.

How much is the increased debt burden weighing on household budgets and restricting spending? Will massive investments to establish Ontario as a hub for the electric vehicle and battery production help to keep the economy afloat? We share our forecast for Ontario’s economy over the next five years, including GDP, inflation, and jobs.

Read the issue briefing to get our full analysis.

Key findings
Ontario snapshot
Labour markets, income, and consumption
Business investment
Government outlook

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