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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 .
Download as PDF; Printable version; ... Economy of Northern Ontario (4 C, 2 P) O. Ontario Hydro ... Protecting a Sustainable Public Sector for Future Generations Act ...
Three sectors according to Fourastié Clark's sector model This figure illustrates the percentages of a country's economy made up by different sector. The figure illustrates that countries with higher levels of socio-economic development tend to have less of their economy made up of primary and secondary sectors and more emphasis in tertiary sectors.
The financial service sector, including banks and insurance companies, account for about 20% of Toronto's economy. [6] Toronto was the first North American exchange to employ decimal pricing, and one of the first in the world to use a fully computerized system. [7] The world's first exchange-traded fund (ETF) was listed in the exchange in 1990. [8]
Economy of Ontario. Economic rank (by nominal GDP) - This ranking shows only the Rank of Canada, the country in which is located Ontario; Agriculture in Ontario; Banking in Ontario. National Bank of Canada; Royal Bank of Canada; Communications in Ontario. Internet in Ontario; Radio stations in Ontario; Television in Ontario. Television stations ...
The tertiary sector of the economy, generally known as the service sector, is the third of the three economic sectors in the three-sector model (also known as the economic cycle). The others are the primary sector (raw materials) and the secondary sector (manufacturing). The tertiary sector consists of the provision of services instead of end ...
Governance in Northern Ontario: Economic Development and Policy Making. University of Toronto Press. ISBN 978-1-4426-6285-8. JSTOR 10.3138/j.ctt5hjvwq. Drummond, Ian M. (1987). Progress Without Planning: The Economic History of Ontario from Confederation to the Second World War. Heritage Series. University of Toronto Press. ISBN 978-1-4426-5395-5.