Ontario Economy
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Workforce challenges persist for Ontario’s manufacturing sector: industry groupA report from the industry association representing Canadian manufacturers says workforce challenges persist in Ontario, even as job vacancies are on the decline.EconomySep 23
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Ontario loses 16.7K jobs in June, wiping some previous gainsNew figures released by Statistics Canada revealed Ontario lost 16,700 jobs in the past month, keeping its unemployment rate steady and above the national average.CanadaJul 10
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Ontario records largest unemployment rate increase in Canada: FAOA new report from the Financial Accountability Office of Ontario found job creation slowed in 2025, with 80,900 jobs created last year.EconomyApr 29
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Ontario finance minister says rate of health-care spending is ‘unsustainable’In the buildup to the 2026 budget, Doug Ford's finance minister is raising concerns about the sustainability of health-care spending in Ontario.EconomyFeb 17
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Ontario predicts grim economic outlook with rising unemployment and lower job creationFinance Minister Peter Bethlenfalvy will unveil the fiscal update in the legislature around 1 p.m., parts of which have already been published.PoliticsNov 6, 2025
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Finance minister claims Ontario has ‘operating balance’ as debt balloonsSince taking office in 2018, Doug Ford has increased Ontario's debt to $470 billion — a number that's projected to rise to $501.7 billion by 2027.PoliticsSep 29, 2025
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Ontario to include expanded manufacturing tax credit in upcoming budgetOntario Finance Minister Peter Bethlenfalvy has offered a first glimpse at his upcoming budget, announcing an expanded Ontario manufacturing tax credit.CanadaMay 5, 2025
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Ontario could be sent into ‘modest’ recession by U.S. tariffsA new report released Wednesday examined the impacts of steel, aluminum and auto tariffs levied by U.S. President Donald Trump on Canadian exports.PoliticsApr 30, 2025
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Ontario’s unemployment rate jumps to 7% even as ‘moderate’ job creation continuesA new report from the Financial Accountability Officer of Ontario found that new jobs were created in 2024, although the rate of growth slowed from previous, record-breaking years.EconomyApr 24, 2025
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Ontario government set to match federal 2-month tax ‘holiday’ on some itemsLast week, the Trudeau government announced a series of new affordability measures over the holiday period, including a two-month 'GST holiday' on some items beginning on Dec. 14.EconomyNov 27, 2024
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