Diversified and Growing Economy
Ontario has become a home for a broad range of multinational operations. Six of the world's largest automotive companies have production facilities here. So do nearly all the global biotech giants and international leaders in chemicals, IT, aerospace and financial services creating a broad industrial base which has the stability to ride out global economic cycles.
- As Canada's economic powerhouse, Ontario generates 39% of the national GDP, produces 43% of total merchandise exports and is the home for almost 50% of all employees in high tech, financial services and other knowledge-intensive industries.
- In terms of GDP size, Ontario is among North America's top ten and is larger than that of Belgium, Sweden or Austria.
- Business climate indicators - employment, business confidence, corporate profits - reveal a history of solid growth and ongoing investments.
- Commercial sites are widely available, whether you're looking for raw land or turnkey facilities.
- Ontario's regulatory environment is balanced and transparent. Compliance is relatively easy and straightforward.