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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 ...
Nominal GDP sector composition, 2015 (in millions of 2005 USD): [5] [6] 2005 prices are used similarly to 2010 constant prices in which they provide economic statistics where inflation is accounted for.
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]
Location of Ontario. 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]
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]