Ontario economic report 2019

Major issues like the province’s fiscal situation, high input costs, an aging population, and the infrastructure deficit are still top of mind for Ontario’s businesses and will require thoughtful policy solutions. Beyond this, we believe there are two interconnected issues the province must successfully navigate to realize its potential: addressing the skills mismatch, which has been estimated to cost up to four percent of Ontario’s GDP in forgone revenue, and addressing regional economic disparity to foster more inclusive economic growth.