Ontario GDP Falls from 5 Percent Above Canadian Average to 3.2 Percent Below

An employee works on the production line at the Martinrea auto parts manufacturing plant in Woodbridge, Ont., on Feb. 3, 2025. The Canadian Press/Chris Young

The gross domestic product (GDP) per capita of Ontario has dropped from 5 percent higher than the rest of Canada to 3.2 percent lower over about 20 years, according to a recent analysis.

The analysis report “Ontario’s Economy Is Broken” (PDF) was published by the think tank Fraser Institute and released on May 8. It looks at how the growth in per capita GDP for the province has changed from 1981 to 2023.