2024 Ontario Economic Report Launch Event

Ontario’s economy is entering a period of rapid change, with key indicators showing mixed signals. While inflation is easing, unemployment rates have ticked up, and current changes in the political landscape are causing businesses across the province to grapple with uncertainty. The recent U.S. election, along with upcoming federal and potential provincial elections in 2025 could impact trade, cross-border relations, and investment.

Shifts in immigration policy, productivity measures, and investment attraction introduced in 2024 have had significant economic impacts, leaving many businesses questioning what’s ahead. Last year, Ontario businesses reported record low confidence and persistent labour shortages in key sectors such as construction, manufacturing, and transportation. Navigating 2025 will require focusing on resilience, adaptation, and forward-thinking strategies.

On February 13, 2025, the Ontario Chamber of Commerce (OCC) is proud to join forces with the Empire Club of Canada for the launch of our 2025 Economic Outlook and Business Confidence Analysis, revealing fresh data and insights on business confidence, regional economic projections, and policy priorities. This exclusive event will provide a first look at how Ontario’s businesses are preparing for 2025, focusing on key issues such as labour shortages, climate and energy policies, reconciliation, supply chain challenges, and more.

This event is a unique opportunity to shape the conversation around Ontario’s economic future. Engage with industry leaders, political representatives, and policymakers to discuss how businesses can thrive amid uncertainty and lead Ontario toward greater economic growth and competitiveness.

Panelists include: 

Hon. Vic Fedeli, Minister of Economic Development, Job Creation and Trade, Government of Ontario

David Lebeter, President and CEO, Hydro One Networks Inc.

Jennifer Lee, Senior Economist & Managing Director, BMO Capital Markets Economics

Moderated by:

Amber Kanwar, Journalist

Featuring special remarks by Daniel Tisch, President and CEO, OCC.