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Ontario Fact Sheet April 2008

Ontario Fact Sheet

Ontario
April 2008

  • Land and Freshwater Area (in square kms)

    Land
    917,741
    Freshwater
    158, 654
    Total area
    1,076,395
    Total land in census farms (%)
    5.9

  • Capital - Toronto*

    2007 Estimated population
    5,509,874

    * Census Metropolitan Area

  • Economy, 2007

    GDP ($ millions, nominal)
    582,019
    % of Canada
    38.0
    Personal income ($ millions)
    459,795
    % of Canada
    39.6
    Personal income per capita ($)
    Ontario
    35,911
    Canada
    35,221
    CPI inflation (2007)
    1.8%
    Unemployment rate (2007)
    6.4%

  • Per Cent Distribution of GDP, 2007*

    Goods
    27.4
    Of which: Manufacturing
    18.3
    Services
    72.6

    * may not add to 100.0 due to rounding

  • International Export Markets, 2007 (%)

    United States
    83.6
    European Union
    7.3
    Asia (incl. Pacific Rim)
    3.3
    Europe excl. E.U. members
    2.8
    Latin America & Caribbean
    2.1
    Middle East
    0.6
    Africa
    0.5

  • Top Five International Exports, 2007 (%)

    Motor vehicles, parts & accessories
    35.7
    Machinery & mechanical appliances
    10.6
    Non-ferrous metals & allied products
    7.8
    Electrical machinery & equipment
    5.3
    Precious metals, stones & coins
    4.1

  • Population

    July 1/07
    12,803,861
    % of Canada
    38.8
    Average annual growth (1997 - 2007)
    1.3
    Life expectancy (years), 2005
    Male
    78.5
    Female
    82.7
    Labour force (000s), 2007
    7,044
    Employment (000s), 2007
    6,594
    Job creation, 2007
    101,100


  • Population Profile, 2006 (% distribution)

    Canadian born
    70.8
    Foreign born
    29.2
    Immigrated before 1991
    15.7
    Immigrated between 1991 & 2001 12.6
    Non-permanent residents 1.0


  • Total Trade, 2007 ($ millions)*

    Exports
    332,474
    Imports
    311,746
    Trade balance
    20,728

    * International+Interprovincial

  • International Import Suppliers, 2007 (%)

    United States
    63.1
    Asia (incl. Pacific Rim)
    18.2
    European Union
    8.7
    Latin America & Caribbean
    7.5
    Europe excl. E.U. members
    1.0
    Middle East
    0.4
    Africa
    0.4

  • Top Five International Imports, 2007 (%)

    Motor vehicles, parts & accessories
    22.3
    Machinery & mechanical appliances
    16.2
    Electrical machinery & equipment
    11.5
    Plastics & plastic articles
    3.8
    Other chemical products.
    3.4

Economic & Revenue Forecasting & Analysis Branch (e-mail: macroeconomics.fin@ontario.ca)
Office of Economic Policy, Ontario Ministry of Finance
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