Ontario has a significant prosperity gap with its North American peers
Source: Institute for Competitiveness & Prosperity analysis based on data from Statistics Canada, Provincial Economic Accounts (CANSIM Table 384-0002); US Department of Commerce, Bureau of Economic Analysis, National Income and Product Accounts.
Note: State GDP results estimated using personal income, converted to Canadian dollars at 1.176 PPP.
Note: State GDP results estimated using personal income, converted to Canadian dollars at 1.176 PPP.
Quick Fact
Ontario has a significant prosperity gap with its North American peers
Annual Report 9 | Pages 8
For the past several years Ontario’s rank has shifted between 14th and 15th place out of 16 North American peers jurisdictions. In 2009, Ontario ranked 14th, just ahead of Michigan. In 2008, Ontario’s GDP per capita was $5,900 below the median of these peers. In 2009 the gap increased to $6,900.
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