Projected Indicators for Ontario Economic Regions 2017

In 2017 Ontario is predicted to continue to see increases in population size, labour force size and net migration. The unemployment rate is expected to continue its downward trend, dropping -0.1 points over 2016 and -0.3 points over 2015. The labour market participation rate will hold steady at 65%.

Regional Outlook

The regional areas in this outlook represent Statistics Canada’s 11 Economic Regions (ER) for Ontario. The principal economic indicators used to track regional economic performance are employment, unemployment, housing sales, housing prices, residential and non-residential building permits and population.

To align with our policy objectives for 2017, this year our analysis will focus on the unemployment rate, median residential price and net migration.

Hover your mouse over a region on the map to see the regional outlook and three key indicators.

click mapNORTHWEST ONTARIO | Unemployment Rate: 7.5% Net Migration: -450 | residential Median Price: $190,000NORTHEAST ONTARIO | Unemployment Rate: 6.7% | Net Migration: -1100 | residential Median Price: $193,000OTTAWA | Unemployment Rate: 6.0% | Net Migration: 10,700 | residential Median Price: $333,000KINGSTON/PEMBROKE | Unemployment Rate: 5.7% | Net Migration: 1700 | residential Median Price: $240,000MUSKOKA/KAWARTHAS | Unemployment Rate: 5.5% | Net Migration: 4100 | residential Median Price: $295,000TORONTO | Unemployment Rate: 6.8% | Net Migration: 74,200 | residential Median Price: $580,000KITCHENER/WATERLOO/BARRIE | Unemployment Rate: 5.6% | Net Migration: 14,800 | residential Median Price: $375,000STRATFORD/BRUCE PENINSULA | Unemployment Rate: 4.2% | Net Migration: 800 | residential Median Price: $258,000HAMILTON/NIAGARA PENINSULA | Unemployment Rate: 6.2% | Net Migration: 14,800 | residential Median Price: $385,000LONDON | Unemployment Rate: 5.9% | Net Migration: 5,200 | residential Median Price: $255,000WINDSOR/SARNIA | Unemployment Rate: 6.3% | Net Migration: 1300 | residential Median Price: $185,000

Click here for Central 1’s in-depth regional projections and provincial economic report.

Read the Ontario Economic Report for more economic projections for the province.

Thank you to our Economic Outlook Research Partner:

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