Ontario

Ontario

Ontario is a significant part of Canada’s innovation ecosystem, with demonstrated strengths in the ICT, health and life sciences, environmental and clean technology, aerospace and defence, automotive, and nanotechnology sectors.

Innovative companies located in Ontario benefit from the province’s standing as one of Canada’s powerhouses in research and development (R&D). The province accounts for 45% of Canada's gross domestic spending on R&D and 39 of Canada's top 100 corporate R&D spenders have locations in the Ontario.

With a large, diverse and well-educated population, the province offers businesses an impressive workforce to draw upon. With almost 40% of Canada’s population (about 13.5 million people), it is the most heavily populated province in the country and about 60% of residents aged 25 to 64 have completed a post-secondary education program.

At the centre of Ontario’s regional innovation networks are the six AURP Canada member research and technology parks located there. With close links with their affiliated universities, the parks are well-positioned to help transfer research and discoveries into the marketplace.

Member Parks:

David Johnston Research + Technology Park, Innovation Park at Queen’s University, MaRS Discovery District, McMaster Innovation Park, University of Guelph Research Park, Western Research Parks

Economic Impact Information

Current

  • $1,069 billion
    in gdp
  • $797 million
    in salaries
  • 16,185
    jobs
  • $148 million
    in tax revenue