Better Days Ahead: Ontario’s Five-Year Outlook—July 2024

Better Days Ahead: Ontario’s Five-Year Outlook—July 2024

Provincial
12 min read

Author: Meghan Eibner

$705.00

In this quarterly report, we examine the economic outlook for Ontario. We analyze demographics and labour markets, households and spending, investment, government outlook, and trade and industry.

 

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In this quarterly report, we examine the economic outlook for Ontario.

Ontario’s population is set to expand by 3.1 per cent in 2024, the highest rate on record. But what is the outlook for population gains through to 2028? Will Ontario’s efforts to establish the province as a hub for electric vehicle and battery manufacturing come to fruition? What will the employment growth and unemployment rate be for the remainder of this year and next? When might relief be in sight for household budgets, which will contribute to healthier consumption growth? And will the anticipated interest rate cuts mid-year open the gates for spending and investment and support improved economic growth?

Read the online experience to get our full analysis.

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