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Perspective

Quebec and Ontario A Powerful Economic Force

March 15, 2018
François Dupuis, Vice-President and Chief Economist • Joëlle Noreau, Senior Economist

We have a tendency to compare Quebec and Ontario, sometimes even pitting them against each other. We rarely see them as combined economic entity and a powerful force. These two provinces have a combined real GDP of over $1,000B and account for three quarters of Canada’s manufacturing jobs. They are a vital engine driving the country’s economy. In addition to being trading partners, Quebec and Ontario are central to Canada’s international trade. They are on the frontlines of the battle underway regarding trade with the rest of North America. Let’s take a closer look at this little known and often misunderstood partnership.

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