Search results for Ontario Economy

Ontario records largest unemployment rate increase in Canada: FAO

A new report from the Financial Accountability Office of Ontario found job creation slowed in 2025, with 80,900 jobs created last year.

Ontario’s prosperity gap widens as US neighbours pull further ahead, report reveals

New report finds Ontario near bottom in regional GDP per capita as growth lags peers

Ontario Expanding and Diversifying International Trade Links

Province bolstering trade partnerships in the face of U.S. tariffs and economic uncertainty to increase economic resilience and protect Ontario workers

Canada’s Jobless Problem Is Increasingly An Ontario Problem

Canadians are suddenly facing one of the toughest job markets in months. Statistics Canada (StatCan) data shows the unemployment rate climbed to a 7-month high in April, but the re...

Ontario Welcomes $306 Million Steel Manufacturing Investment by Tenaris in Sault Ste. Marie

Expansion will create 200 new jobs and support province’s plan to build a stronger, more resilient Ontario economy

Ontario Welcomes $122.5 Million Investment in the Media-Technology Sector

Ross Video’s expansion will create 125 good-paying jobs and strengthen Ontario’s leadership in the global media economy

Ontario Investing $5 Million to Help Small Businesses Adopt Digital Technologies

New investment will help nearly 450 businesses increase sales and revenue while creating good-paying jobs

Ontario Investing More Than $5 Million to Unlock New Markets for Biofuel

Investment will protect forest sector workers and businesses by creating new opportunities for made-in-Ontario forest products in emerging markets

Ontario Unveils Framework for Defence Industrial Strategy

Province’s first-ever defence industrial strategy aims to create 43,000 good-paying jobs and position Ontario as a key partner for allied defence and security

Ontario Raising Minimum Wage to Protect Workers and Support a Competitive Economy

Minimum wage increasing to $17.95 an hour effective October 1, 2026, marking the second highest rate among provinces

Ontario’s Plan to Build Mines Faster Attracts Billions in Additional Mining Investment

Province attracts $14 billion in planned spending and investment from Agnico Eagle by 2030 to expand gold mining

Ontario Investing $10 Million to Modernize Georgia-Pacific North Woods Facility

Provincial investment will protect 220 forestry workers, strengthen Ontario’s forest sector and increase production of Ontario-wood products

Investing in one of Ontario’s largest public transit systems

Ontario Investing $500,000 to Protect Workers in Sault Ste. Marie from U.S. Tariffs

Provincial funding will protect local jobs and support economic growth through the launch of Sault Ste. Marie’s Foreign Direct Investment Strategy

Ontario Investing $1.7 Billion to Prepare More Students for In-Demand Careers

Investment will fund 70,000 additional postsecondary seats to train the next generation of highly skilled workers for Ontario’s in-demand sectors

Ontario Welcomes $100 Million Investment in the Agri-food Sector

Sunrise Farms’ expansion will create 100 new jobs in Oxford County and strengthen Ontario’s agri-food processing capacity

Ontario Begins Civil and Utility Work for Hamilton LRT

Province one step closer to building fast, reliable and affordable light rail transit, keeping workers on the job and supporting economic growth

Ontario Investing $5 Million to Strengthen Province’s Position as a Global Leader in Life Sciences

Life Sciences Innovation Fund will help 10 companies create good-paying jobs and commercialize innovative medical technologies

Ontario Cutting Small Business Tax by $1.1 Billion

Provincial tax rate cut of 31.25 per cent would save more than 375,000 small businesses up to $5,000 per year

Ontario Introducing Legislation to Protect Ontario by Cutting Red Tape and Supporting Workers

Province taking next step to reduce delays and regulatory burdens to build a stronger, more competitive and more resilient economy

Ontario Investing $14 Million to Strengthen Forest Sector Competitiveness

New digital tools will give the forestry industry more reliable data to invest with confidence, stay competitive and create good-paying jobs

Ontario Welcomes $294 Million Investment in the Life Sciences Sector

Sanofi’s expansion of its AI Centre of Excellence will create 50 new good-paying jobs and strengthen Ontario’s leadership in life sciences and innovation

Ontario Welcomes Microsoft’s AI Infrastructure Expansion

Investment will strengthen Ontario’s leadership in cloud and AI services, while supporting 1,250 good-paying jobs

Canadian economy lost momentum as 2025 drew to a close: Statistics Canada

Manufacturing was one of the hardest-hit sectors of the economy