The Cooldown Before the Warmup: Ontario’s Five-Year Outlook—September 2024

The Cooldown Before the Warmup: Ontario’s Five-Year Outlook—September 2024

Provincial
10 min read

Author: Liam Daly

$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.

While Ontario’s population growth has receded from last year’s record high, it remains brisk, and inflation has made encouraging progress. What will this mean for job creation and consumer spending and consumption levels? Will the current rate of housing starts stay on track over the forecast period, and will government targets be met? In what industries are capital projects stoking both business and government investment, and could commitments to electric vehicles be getting ahead of themselves? We share our forecast for Ontario’s economy, including GDP and labour market dynamics.

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