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Ontario welcomes Alberta, British Columbia, and Washington State to its list of peer jurisdictions

A lot has changed over the past fourteen years. Ontario’s GDP has increased by 23 percent, manufacturing’s share of total employment fell from 18 to 11 percent, and the service sector now accounts for 77 percent of total GDP, up from 71 percent. [1] In other words, it is time to update Ontario’s benchmark for evaluation.

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Ontario must prepare for disruptions ahead

Ontario’s prosperity gap continues to widen. In 2014, GDP per capita in the province was $12,015 lower than the median of the North American peers.

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