major industries in ontario

Other examples include mining precious and other metals, oil and gas, and forestry. Mississauga is Ontario’s third largest city, with a population of 721,599 in 2016. Mississauga has a robust and diverse business community that makes up some of the largest knowledge-based industries in Canada. Toronto’s port activity declined after the opening of the St. Lawrence Seaway. The mining industry is critical to Northern Ontario and employs a number of the residents of the Township of Nairn and Hyman. At the beginning of the 21st century, the gap between high- and low-income earners was widening throughout the province. Wheat on the Prairies. Major discoveries and mine development in the 20th century underpinned Ontario's rise to the status of Canada's most populous and wealthiest province, and supported Canada's development as an industrialized and globally competitive nation. The retail sector is a huge employer with more than 12% of Canadians working in this part of the service industry. Immigration is a major reason Ottawa's population continues to grow faster than that of Ontario … Hydroelectricity. Ontario typically has had a higher labour force participation rate than the national average. Ontario has a vast and diverse forest resource to support your business needs. The Montreal-based sawmilling giant has six operations in Northern Ontario, … Queen's Printer for Ontario, Smallest City in Ontario. Statistics and business resources on sustainable manufacturing, trade, innovation and more. Even with the revision, it is clear that actual growth rates remain above average. Aerospace and defence industry Business intelligence, regulations and programs to support the aerospace and defence sectors. Of the top 100 in 2017, 41 are Toronto based employers and include the City of Toronto, The Toronto International Film Festival, and the University of Toronto. Some of these machine shops have been servicing the province for over 40 years. Ontario’s telecommunications networks feature advanced broadcast, satellite, and fibre-optic technology. Use the map to explore our thriving IT industry … Lawrence waterway system. We're home to nine of the top 15 global chemical firms (by sales). Our financial services sector generates approximately $60 billion in GDP and employs about 359,000 people in some 12,000 financial services firms. Primary Manufacturing The primary sector includes establishments involved in the exploitation and initial processing of natural resources. Waterloo EDC is the operating name of Waterloo Region Economic Development Corporation. The largest manufacturing sector in the country is the automotive industry. Millions of tourists spend billions of dollars each year in Ontario. More than half of the goods sector is manufacturing. In addition, although they seemed to be declining, discrepancies continued to exist between male and female wages. This puts Ontario at the forefront of innovation whether it’s developing the next generation of autonomous vehicles or creating advanced robotics and automation to streamline manufacturing processes for aerospace, food processing, chemicals and cleantech. Industries began using hydroelectric power instead of coal. 2. With a strong balanced mix of industrial, commercial, and institutional (ICI) operations, North Bay continues to grow by encouraging local expansions and by attracting new compatible companies. Cellular telephone service is available throughout most of Southern Ontario. Fusion Pharmaceuticals: Making cancer treatment breakthroughs in Hamilton, Ontario. 2014-2020. The Toronto Stock Exchange and the TSX Venture Exchange list 110 clean technology and renewable energy companies. There has been a significant growth in this sector of the economy over the past few years primarily because of increa… The largest manufacturing sector in the country is the automotive industry. Personal income tax provides about one-fourth of the province’s revenues. North Bay’s diverse local economy is supported by vibrant business and industry sectors. Seagoing carriers bring imports from abroad by the same route. Bulk cargoes, chiefly consisting of mining and forestry products and prairie grains, are moved to the United States or overseas by the Great Lakes–St. With manufacturing revenue of $36.9 billion, Ontario is one of North America's largest and most significant food and beverage processing sectors. One-third is the construction sector, and a tenth is the utility sector. This statistic shows the gross domestic product (GDP) of Ontario in 2019, by industry. Car Production is Ontario’s major industry and most substantial export, employing more than 100,000 people and providing approximately 26 percent of Canada’s total exports. Other smaller sources of revenue include health taxes and fuel taxes. Car Production is Ontario’s major industry and most substantial export, employing more than 100,000 people and providing approximately 26 percent of Canada’s total exports. Office Hours: 8:30 am-4:30 pm, Monday - Friday, Closed on Holidays 60 Fourteenth Street North Kenora, Ontario P9N 4M9. Canadian manufacturing sector. Extraction of gold, nickel, copper, uranium and zinc represents a multi-billion dollar business. Phone: 807-467-2127 Fax: 807-467-2045 Canadian manufacturing sector Statistics and business resources on sustainable manufacturing, trade, innovation and more. #reminder; Increased Demand. World leaders in big data and cloud computing, data centres, microelectronics. The city is the headquarters—in fact, if not in name—of Canada’s major banks, of many insurance companies and brokerage houses, and of large legal, accounting, and management-consulting firms. Industry growth is creating huge opportunities for. Numerous local airports and landing strips serve both urban and remote communities. With the largest, most accessible market in North America, a skilled, multicultural workforce and an established domestic market, the tourism industry has discovered that Ontario is a premier four-season travel destination. Toronto Pearson International Airport, the country’s largest, is the main centre of operations for both domestic and international flights. Agribusiness and Food Processing Robust supply chains and logistics infrastructure make Hamilton a strong producer and transporter of food products. The major industries that have passed through Wawa, Ontario over the years include, forestry, tourism, mining, and fur trading. Ranking second in this industry is the business services sector which includes real estate, financial services, and communications. Major Job Industries In Ottawa. Canada is one of the largest exporters of automobile equipment and goods due to its position within NAFTA. Carriers offer a full range of telecommunications services, including Internet and wireless services. Manufacturing industries. Although there has been a reduction in passenger mileage in Southern Ontario owing to lack of revenue, this is not the case within the area known as the Golden Horseshoe, where the government-owned mass transit system—the Greater Toronto Transit Authority, known as GO Transit—serves commuters. Rivers like the Saguenay and St. Maurice were developed as resources for water power. Farming is a major industry in British Columbia with a total of more than 20,000 farms. That means that you'll have access to markets and capital, whether you're in mining finance or looking for capital to grow your business. Business resources and statistics on companies in the manufacturing industries. Ontario is home to a variety of vibrant industries including aerospace, automotive, IT, financial services, life sciences and mining to name a few. With 40% of the country's total production, Ontario is at the centre of Canada's chemical manufacturing industry. The leading industries in the province are in a position to keep thriving. Unionization is high in the forestry, mining, manufacturing, construction, transportation, and public-services industries, but unions are largely absent from private services and farming. Ottawa is the capital city of Canada and unsurprisingly, it is also the biggest contributor to Canada’s key industries. The three major types of industries in the country are manufacturing, services, and natural resources. Ontario is a study in contrasts. The Queen Elizabeth Way, opened in 1939 as the first divided expressway in Canada, runs from Toronto to the U.S. border at Buffalo. These sectors include: Advanced Manufacturing, Higher Value Business Services, Life Sciences, Smart Logistics and more. The city provides support and consultation services for local and international-level public and private sector events. Historically, this preeminence derived from the milling, farm implement, furniture, and textile industries of the 19th century. Ontario is where 700+ parts suppliers and 500+ tool, die and mould makers converge along a 400-kilometre automotive corridor, forming one of the most robust supply chains in the world. Over half of Canada’s top 100 employers are based in Ontario. British Columbia, on the west coast, has historically relied on natural resources such as mining and timber. The rate of Ontarian women’s participation in the labour force has been rising since the 1960s and is higher than the Canadian average as well. Industry Overview. West Fraser Timber Co. Ltd. Revenue by fiscal year ($000) Whether you are looking to make lumber, pulp, or value-added products, we have what you need. Other important airports are located at Ottawa, London, Sault Ste. Canada is one of the largest exporters of automobile equipment and goods due to its position within NAFTA. Ontario levies a number of taxes. © Extraction of gold, nickel, copper, uranium and zinc represents a multi-billion dollar business. The global mining industry gets business done in Ontario. The big smoke. Marie, Sept.26. Other major industries include textiles, processed foods, industrial machinery, electrical goods, farm implements, chemicals, rubber and synthetics, aircraft, and furniture. Canadian Industry Statistics (CIS) analyses industry data on many economic indicators using the most recent data from Statistics Canada.CIS looks at industry trends and financial information, such as GDP, Labour Productivity, Manufacturing and Trade data. We are home to more than 350 automation and robotics-related companies. It is followed in importance by the retail sales tax and the corporate income tax. With a century-long history of excellence in aerospace, and a reputation for delivering innovative solutions in all aspects of the industry, Ontario provides an ideal environment for your business to soar to great new heights. Since the 1990s a substantial branch of industry developed to provide services to U.S.-based companies that film motion pictures and television shows in Toronto and several smaller towns. Marie; many U.S. branch plants are located in the province as well. Prairie provinces enjoyed huge wheat crops from 1925-1928 (no droughts) … The Ontario government’s unveiling of a new provincial building code in 2015, allowing wood-framed buildings to go from four to six storeys, was a formative step for the industry to move beyond single-family home construction. Ontario’s cybersecurity ecosystem, made up of enterprise, academia and government, and forms one of the most robust cybersecurity sectors in the entire world – ready to meet the challenges of these ever-changing threats. It is home to a population of only 7,749 people, which makes it Ontario’s smallest city in terms of population. The city's economy was initially driven by the pulp and paper industry, but … Secondary Manufacturing The secondary, or manufacturing, sector is made up of primary and secondary manufacturing establishments. Of the top 100 in 2017, 41 are Toronto based employers and include the City of Toronto, The Toronto International Film Festival, and the University of Toronto. Kitchener, Ontario, Canada N2G 1H6 info@waterlooedc.ca 519-747-2541 Toll Free: 1-866-233-5133. We have nearly 3,000 registered food and beverage businesses. The service industry in Canada is diverse and accounts for close to 70% of the GDP. Recent growth trends have been somewhat slower than originally predicted, and this estimate may be revised in 2007. The Ontario section of the Trans-Canada Highway runs from Montreal through Ottawa across vast stretches of Ontario’s northland to the Manitoba border. Here are some key facts about Ontario: 1. In the late 20th century, a thriving information technology industry, dubbed “Silicon Valley North,” emerged in the province, notably in the Kitchener-Waterloo area and the Ottawa suburb of Kanata. Because the economy is constantly expanding, the job market in Ottawa is filled with many prospects and opportunities to … Built on a strong history of steel production, Hamilton now attracts cutting-edge industries in advanced manufacturing. This statistic shows the Gross Domestic Product (GDP) of Canada in September 2020, distinguished by major industry. From the end of World War II until the recession of the early 1980s, real wages rose steadily, and, after a short interruption, they continued upward until the recession of the early 1990s. Legislation is in force against wage and job discrimination, with the Ontario Human Rights Commission acting as a watchdog. English-speaking Canada’s advertising industry is largely centred in Toronto as well. For example, coal mining includes establishments that break, wash, grade or otherwise prepare coal for use as a fuel. Marie, and Thunder Bay. 1 King Street West P.O. The main industries in Manitoba for 2017 are: Aerospace; Agriculture production and processing; Biotechnology; Communication and IT services; Construction; Energy (electricity and hydroelectric); Finance and Insurance services; Healthcare and social assistance; Logistics; Manufacturing (advanced); The remaining one fifth is the goods sector. Toronto is also the focus for the province’s air traffic. Ontario is home to 3,000 Canadian cleantech and environmental technology companies, employing 65,000 people. Mining has always been prominent in Ontario’s economy. The area from Oshawa, Ontario around the west end of Lake Ontario to Niagara Falls is known as the " Golden Horseshoe " and the centre of it is Hamilton. By signing up for this email, you are agreeing to news, offers, and information from Encyclopaedia Britannica. The most important economic activity in Ontario is manufacturing, and the Toronto-Hamilton region is the most highly industrialized section of the country. Since the 1930s, Toronto has been Canada’s main financial-services centre. Historically, this preeminence derived from the milling, farm implement, furniture, and textile industries of the 19th century. Although they stagnated during much of that decade, they continued to exceed the national average for manufacturing and service workers. 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