Ninth Annual Ontario Economic Report
The Ontario Economic Report (OER) is the landmark research platform of the Ontario Chamber of Commerce (OCC), offering a unique perspective on the experience of businesses of all sizes across the province. The OER is a data-driven, evidence-based document rooted in the OCC’s annual survey of its members, the Business Confidence Survey (BCS).
Read the 2025 Ontario Economic Report
Click here to read the interactive report
Click here to download the PDF*
*Please note: the pdf is not fully interactive
“While Ontario businesses are more confident than they were a year ago, our economy should still be labelled ‘Fragile: handle with care’. The recent U.S. tariff threat is a call to action to both government and business, telling us that we must enhance both Ontario’s competitiveness and its resilience in an unstable world.”
– Daniel Tisch, President and CEO, Ontario Chamber of Commerce.
“Now more than ever, we must work together and continue investing in clean energy, people and technology to sustainably boost productivity and support economic growth in the province. The Ontario Economic Report reminds us that our businesses are adaptable and optimistic. We’ve come a long way in a short time and have a foundation to build a stronger, cleaner more competitive Ontario and Canada for the future where we meet our growing energy needs and make ourselves even more resilient.”
– David Lebeter, President and CEO, Hydro One
“The Ontario Chamber of Commerce continues to be a strong voice for businesses across the province, in advocating for the conditions that drive growth and investment. This year’s report highlights the resilience of Ontario’s business community, despite a number of challenging headwinds. A reliable supply of made-in-Ontario electricity is a cornerstone of that resilience – ensuring energy security, supporting economic competitiveness, and giving investors the confidence to build and grow here in Ontario. At Bruce Power, we’re proud to play a role in delivering clean, reliable, and affordable nuclear power to support growth and investment in the province.”
– Pat Dalzell, Vice-President, Corporate Affairs & Market Development, Bruce Power
“Ontario businesses seek solutions that reduce cost pressures, simplify taxes, and create a more predictable and competitive business environment. Behind the numbers, there are businesses, people and communities relying on jobs, investment and Ontario’s long-term economic stability.”
– Simranzeet Singh Vig, Senior Manager of Policy, Ontario Chamber of Commerce
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