Population
| July 1, 2025 (total) | 16,258,260 |
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| July 1, 2025 (% of Canada) | 39.0 |
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| 10-year average annual growth (%) | 1.7 |
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Population profile, 2021 (% Distribution)| Canadian born | 67.3 |
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| Foreign born | 30.0 |
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| Non-permanent residents | 2.8 |
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| Life expectancy (Years), 2024: male | 80.7 |
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| Life expectancy (Years), 2024: female | 85.0 |
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Population by urban area, 2025| Greater Toronto Area | 7,680,093 |
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| Greater Toronto Area — Toronto CMA | 7,108,874 |
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| Ottawa-Gatineau CMA (Ontario part) | 1,325,788 |
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| Hamilton CMA | 871,143 |
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| Kitchener-Cambridge-Waterloo CMA | 701,568 |
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| London CMA | 633,002 |
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Labour market
Labour market, 2025| Labour force | 8,911,000 |
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| Employment | 8,227,000 |
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| Job change | 80,900 |
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| Unemployment rate | 7.7% |
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| Participation rate | 65.0% |
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Economy
Economy, 2025| GDP ($ millions, nominal) | 1,246,721 |
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| GDP (% of Canada) | 38.4 |
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| Primary household income ($ millions) | 832,807 |
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| Primary household income (% of Canada) | 39.2 |
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| Primary household income per capita ($) — Ontario | 51,224 |
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| Primary household income per capita ($) — Canada | 50,961 |
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Distribution of GDP, 2024| Item | % |
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| Goods (total) | 21.0 |
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| Goods (manufacturing) | 9.5 |
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| Services | 79.0 |
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Trade
Total trade, 2025 (international + interprovincial)| Item | $ Millions |
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| Exports | 623,532 |
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| Imports | 611,239 |
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| Trade balance | +12,294 |
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Top 5 international export markets, 2025| Country | % Share |
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| United States | 71.7 |
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| United Kingdom | 15.6 |
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| Mexico | 1.4 |
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| Germany | 1.3 |
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| China | 1.2 |
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Top 5 international exports, 2025| Item | % Share |
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| Motor vehicles & parts | 22.6 |
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| Precious metals & stones | 21.2 |
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| Mechanical equipment | 9.6 |
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| Electrical machinery | 4.2 |
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| Plastic products | 3.9 |
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Top 5 international import suppliers, 2025| Country | % Share |
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| United States | 48.9 |
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| China | 10.6 |
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| Mexico | 8.8 |
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| South Korea | 2.9 |
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| Vietnam | 2.6 |
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Top 5 international imports, 2025| Item | % Share |
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| Motor vehicles & parts | 20.0 |
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| Mechanical equipment | 14.0 |
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| Electrical machinery | 10.2 |
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| Precious metals & stones | 7.0 |
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| Pharmaceutical products | 4.2 |
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Macroeconomics and Revenue Branch
Office of Economic Policy, Ontario Ministry of Finance
Updated: April 2026. Sources: Statistics Canada and Ontario Ministry of Finance.
Contact us
For further information, please contact us at:
Ministry of Finance
Economic Analysis Unit
Macroeconomics and Revenue Branch
Office of Economic Policy
6th Floor, Frost Building North
95 Grosvenor Street
Toronto ON M7A 1Z1
437-246-6398
