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Ontario is the largest economy in Canada, making up around 38% of Canadian GDP. [1] [2] Though manufacturing plays an important role in Ontario's economy responsible for 12.6% of Ontario's GDP, the service sector makes up the bulk, 77.9%, of the economy. [3] Ontario's net debt-to-GDP ratio will rise to 40.7% in the year 2019–2020. [4]
Ontario, the country's most populous province, is a major manufacturing and trade hub with extensive linkages to the northeastern and midwestern United States. The economies of Alberta , Saskatchewan , Newfoundland and Labrador and the territories rely heavily on natural resources .
Economy of Northern Ontario (4 C, 2 P) O. ... Protecting a Sustainable Public Sector for Future Generations Act, 2019; Protecting Condominium Owners Act, 2015; U.
Ontario, Canada's most populous province, forecast on Wednesday its budget deficit would narrow in the upcoming fiscal year and return to balance in 2029-30 as the economy rebounds from the ...
The most important economic activity in Ontario is manufacturing, and the Toronto-Hamilton region is the most highly industrialized section of the country. The area from Oshawa, Ontario around the west end of Lake Ontario to Niagara Falls is known as the " Golden Horseshoe " and the centre of it is Hamilton.
Administrative subdivision Type Country Continent GDP (PPP) (billion US$) [needs update]Year Pop. (mil) GDP per capita (PPP) (thousand US$) California State United States North America
The economy of Greater Sudbury, Ontario was dominated by the mining industry for much of the city's history. [1] In recent decades, however, the city has diversified to establish itself as an emerging centre in a variety of industries, including finance, business, tourism, health care, education, government, film and television production, and science and technology research. [2]
The following outline is provided as an overview of and topical guide to Ontario: Ontario – one of the provinces of Canada, located in east-central Canada. [1] It is Canada's most populous province or territory [2] and fourth largest in total area. [3] It is home to the nation's capital city, Ottawa, and the nation's most populous city ...