Province profile
Ontario
Canada · GDP 2024
#1 of 13 Canadian provinces by GDP62nd-percentile growth
EA Place Score
——methodology in progress
GDP 2024 (USD)
$873.9B
Statistics Canada · 2024
GDP growth (YoY)
+5.1%
Statistics Canada · 2024
Jobs tracked
8,227,000
StatCan · 2025
Employers
499,516
StatCan · 2022
Avg. wage
$49.8k
StatCan · 2025
Population
16,258,260
StatCan · 2025
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
1George Weston LimitedConsumer Defensive$46.1B67B2Loblaw Companies LimitedConsumer Defensive$45.7B73B3Magna International Inc.Consumer Cyclical$42.0B58C4Intact Financial CorporationFinancial Services$18.7B71B5Celestica Inc.Technology$12.4B71B6Canadian Tire Corporation, LimitedConsumer Cyclical$11.7B62C7Constellation Software Inc.Technology$11.6B72B8Shopify Inc.Technology$11.6B74B9Waste Connections, Inc.Industrials$9.5B79B+10Restaurant Brands International Limited PartnershipConsumer Cyclical$9.4B71B11Restaurant Brands International Inc.Consumer Cyclical$9.4B72B12Linamar CorporationConsumer Cyclical$7.3B70B13Hydro One LimitedUtilities$6.5B57C14Canadian Solar Inc.Technology$5.6B48D15Colliers International Group Inc.Real Estate$5.6B61C16FirstService CorporationReal Estate$5.5B56C17CCL Industries Inc.Consumer Cyclical$5.5B76B+18First Quantum Minerals Ltd.Basic Materials$5.3B67B19Open Text CorporationTechnology$5.2B79B+20Bausch + Lomb CorporationHealthcare$5.1B67B21Brookfield Asset Management Ltd.Financial Services$3.9B59C22Aecon Group Inc.Industrials$3.9B59C23Lundin Mining CorporationBasic Materials$3.8B80B+24Toromont Industries Ltd.Industrials$3.7B75B+25Martinrea International Inc.Consumer Cyclical$3.4B61CHQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).
Industry mix · employment
No sector-employment detail published for this place. CBP/StatCan
GDP trend
2020–2024 · nominal
$651.8B2020
$773.9B2021
$818.6B2022
$843.6B2023
$873.9B2024
Filing activity
SEC · cross-listed341 filings from 84 companies here in the last 90 days.
Wage trend
StatCan · 2021–2025$49.8k
avg. annual pay · +3% since 2021
Similar Canadian provinces
nearest by GDPThe read
What is the GDP of Ontario?
Ontario's economy produced $873.9B in 2024, growing 5.1% year over year — faster than most Canadian provinces.
Native: 1.2T CAD · converted at the 2024 average rate.
GDP: Statistics Canada (2024), USD-normalized · Jobs/employers/wages & industry mix: StatCan (2025) · Population & migration: StatCan · Companies: SEC EDGAR + FMP, by HQ.