Investor Presentaiton
($2012 Billions)
1,000
Ontario GDP Scenario Forecasts
Real GDP
Nominal GDP
($ Billions)
1,300
980
960
1,250
940
1,200
920
Faster
900
1,150
880
Planning
1,100
860
Slower
840
820
800
2021
2022
2023p
2024p
1,050
1,000
2025p
2026p
950
2021
2022
2023p
2024p
2025p
2026p
Faster
Planning
Slower
Real GDP Growth
Scenarios
2023p 2024p 2025p 2026p
Nominal GDP Growth
Scenarios
2023p 2024p 2025p 2026p
(Per Cent)
(Per Cent)
Faster Growth Scenario
1.7
2.1
2.3
3.1
Faster Growth Scenario
4.5
5.3
4.7
5.3
Planning Projection
1.1
0.5
2.0
2.8
Planning Projection
3.6
2.9
4.2
4.8
Slower Growth Scenario
0.7
(0.9)
1.9
2.7
Slower Growth Scenario
2.9
0.7
3.9
4.5
Ontario
p = Ontario Ministry of Finance planning projection based on external sources as of September 29, 2023 and alternative scenarios.
Source: Ontario Ministry of Finance.
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