Economic Outlook Steady Despite Demographic Headwinds: Ontario’s Outlook to 2045

In this annual report, we explore the impact of evolving demographic factors, the vagaries of the labour market, and the changing focus in the industry and trade landscapes on Ontario’s long-term economic outlook.

In light of the province’s aging baby boomers and a population growth set to fluctuate in the near term, how will government finances, housing, and real consumer spending be affected, and what role will immigration play? Will business investment and Ontario’s increasingly important knowledge-economy sectors be strong enough to spur overall output growth, and how does international trade factor in?

Read the issue briefing to get our full analysis.