In 2016 Ontario's farm population was 160,415, or 1.2 percent of the Ontario population. PEI. There are many good places to locate a business in Ontario East as you review our vital, growing industry sectors. The province has a number of significant airports including the 30th busiest airport in the world Pearson International and Munro International located in Hamilton which is one of the largest cargo airports in Canada and is Canada's busiest overnight cargo airport. [13], Approximately four-fifths of Ontario's GDP is composed of service sector industries. Solar panels are also manufactured in Ontario. ", StatCan, Gross domestic product of Ontario, Canada in 2019, by industry (in million chained 2012 Canadian dollars) Statista, https://www.statista.com/statistics/607692/gdp-of-ontario-canada-by-industry/ (last visited March 27, 2021), Gross domestic product of Ontario, Canada in 2019, by industry, (in million chained 2012 Canadian dollars), Population of Ontario, by educational attainment 2020, Number of births in Ontario, Canada 2001-2020, Net interprovincial migrants Ontario 2001-2020, Number of recent immigrants in Ontario 2001-2020, GDP distribution of Ontario, Canada, by industry 2019, Average annual household expenditures in Ontario, Canada 2017, Canadian business counts without employees, by province or territory 2020, Ontario business counts with employees, by NAICS category 2020, Canada: labor productivity Ontario 2000-2019, Number of employed people in Ontario, Canada by industry 2020, Employment in Ontario, by level of employment 2000-2020, Unemployment rate Ontario, Canada 2000-2020, Number of jobs in Ontario, by NAICS category 2019, Median total family income Ontario 2000-2018, Median employment income of tax filers in Ontario 2000-2018, Weekly earnings of employees Ontario 2001-2019, Labor participation rate Ontario 2000-2018, Provincial government revenue and expenditure of Ontario 2007-2019, Assets and liabilities Ontario provincial government 2007-2019, Revenue of the Ontario provincial government, by source 2019, Expenses of the Ontario provincial government, by source 2019, Assets of the Ontario government by type 2019, Liabilities of the Ontario government by type 2019, UK agricultural sector: number of employees by business size 2019, Turnover within accommodation and food services in the UK, by business size 2019, Number of employees in real estate services by business size 2019, Number of businesses in UK entertainment sector by business size 2019, Clothing industry turnover forecast change in the Netherlands 2015-2017, Value of textile re-exports from mainland China by Hong Kong 2014-2019, Employees in agriculture, forestry and fishery in Germany until 2020, Official development assistance contribution in Myanmar 2005-2016, Expenditures on GRDP Northern Mindanao Region Philippines 2017-2019, Average monthly consumption on transportation per capita in Cambodia 2011-2015, Housing consumer spending forecast in Eastern Asia 2010-2025, Real consumer spending forecast in Central Africa 2010-2025, Real consumer spending per capita forecast in Southern Europe 2010-2025, Real consumer spending per capita forecast in the Caribbean 2010-2025, Real consumer spending per capita forecast in Lebanon 2010-2025, Consumer spending in Latin America 2020, by country, Gross domestic product of Ontario, Canada in 2019, by industry (in million chained 2012 Canadian dollars), Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre, Professional, scientific and technical services, Administrative and support, waste management and remediation services, Other services (except public administration), Agriculture, forestry, fishing and hunting, Mining, quarrying, and oil and gas extraction. In 2019, the GDP of the construction industry in Ontario was 50.79 billion chained 2012 Canadian dollars. [21], The manufacturing sector employed 764,000 persons in August 2019. Ontario’s net debt-to-GDP ratio will rise to 40.7% in the year 2019-2020. Ontario East Economic Development Commission is a one point of contact for site selectors, start up support and business growth. [18], The decline in farm population is partly driven by consolidation of the agricultural industry. [21] The average Ontario farm size was 249 acres (1.01 km2) in 2016, up 0.2% from 2011. [12], The beginning of recorded history in Ontario is marked by the fur trade between Europeans and Native Americans, from which spawned various battles between various European and Native Americans peoples (the French, English, Iroquois and Hurons). Forecast Table. Major Great Lakes ports include the Port of Hamilton, Port of Thunder Bay and Port of Windsor. Ontario’s economy is drawing support from the export growth in the automobile sector. Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020, Profit from additional features with an Employee Account. The economies of Alberta, Saskatchewan, Newfoundland and Labrador and the territories rely heavily on natural resources and produce the highest per capita GDP values in the country. The resource dependent provinces are in recession or barely growing [5] while most of the rest of the country strengthens as manufacturing exports grow. The mining industry in Ontario produces more than 30 different metal and non-metal mineral products, and is responsible for a major percentage of Canada's nickel, gold, copper and platinum-group metals production. [23], The Green Energy and Green Economy Act, 2009 (GEGEA), takes a two-pronged approach to creating a renewable-energy economy. The McGuinty government is supporting the growth and expansion of this major sector of Ontario’s economy by investing in education and public infrastructure. Statista. ON. Toronto is the second largest financial centre in North America, which serves as an engine for the economic growth of the city and an anchor for our excellent talent base, enviable quality of life and highly competitive business environment. Looking for the … The takeaway. BC. The Province of Ontario released over 60 guidelines for different sectors in the economy to prepare on reopening, as the “curve is flattening” for COVID-19 cases in Ontario.. On Thursday, Premier Doug Ford said that businesses and parts of the economy should “get ready” to reopen. [24], Hard-rock mining has taken place in the province for over 130 years (as of 2012). As of 2014, the mining industry produced about $11 billion worth of minerals. Cornwall’s Economy Strong Across All Sectors December 11, 2019 By Dana McLean. The oil and gas sector in Canada has a significant impact on Ontario’s export sectors, directly and indirectly, as does the purchase of goods and services by citizens, businesses and governments in the province where the oil and gas sector is concentrated, i.e., by those in Alberta. COVID-19: changes to meetings and business operations Temporary provisions will remain in place to provide certain corporations with the flexibility to hold meetings virtually and in some circumstances, Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook One-third is the construction sector, and a tenth is the utility sector. The exploration permit process is meant as a means to notify interested parties, such as surface landowners, of the activities of miners. Economy. Alberta. Ontario, the country's most populous province, is a manufacturing and trade locus with extensive linkages to the northeastern and midwestern United States. Chart. Profit from additional features by authenticating your Admin account. [10], Ontario was the leading state/province for attracting foreign direct investment (FDI) in North America in 2013, with $7.23bn. Read more Gross domestic product of ... Economy. SK. TORONTO — Members of Ontario's tourism industry welcomed the province's tailored aid for the struggling sector as the COVID-19 pandemic threatens a second summer.The Ontario … Directly accessible data for 170 industries from 50 countries With over 140 members, the Commission represents more than 200 communities across eastern Ontario. Please contact us to get started with full access to dossiers, forecasts, studies and international data. [14] All the while, the demand for wheat and other agricultural products was growing, but was subjected to considerably greater competition from other regions, and the livestock and dairy industries, in addition to banks, which began to flourish. The St. Lawrence became a monopoly route as other regions (like New York) lacked the waterways and rivers needed to transport timber. More than half of the goods sector is manufacturing. Forestry and the minerals sector are vital to Ontario's economy. Reusing has the greatest economic and environmental benefits because the value of finished products is many times greater than the raw materials or components in them due to the creation of value during the production process. Learn more about how Statista can support your business. Southern Ontario has a well-developed transportation infrastructure that allows for the efficient transportation of goods. Eastern Ontario led the increase with a gain of 31% in cropland. [13], In the early 20th century, Western Canada swelled with the influx of immigrant populations, and Ontario made the shift from being an export to domestic economy: the exported butter and cheese industry shifted into the milk industry for domestic consumption, winter dairying expanded, and the Ontario's apple industry declined in exports but increased consumption in Ontario and Western Canada. With 40% of the country's total production, Ontario is at the centre of Canada's chemical manufacturing industry. While Ontario is planning for a period of recovery, in truth, we entered the pandemic in … Information about Ontario’s economy and how to do business here. This accounted for more than one-tenth of all FDI in North America. You only have access to basic statistics. 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