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Economic Development, Job Creation and Trade

The Ministry of Economic Development, Job Creation and Trade supports business growth, innovation, and international trade, working to strengthen Ontario's economy and create jobs.

Department Spending

In Financial Year 2023-24,

$1.3B

was spent by Economic Development, Job Creation and Trade

In Financial Year 2023-24,

0.6%

of Ontario provincial spending was by Economic Development, Job Creation and Trade

The Ontario Ministry of Economic Development, Job Creation and Trade spent $1.3B in fiscal year (FY) 2023-24, representing 0.6% of the $206.6B in total provincial spending. This investment supports business development and innovation.

Economic growth and job creation are vital for Ontario's prosperity. This ministry supports businesses, promotes innovation, facilitates trade, and creates conditions for economic development across the province.

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The Ministry of Economic Development, Job Creation and Trade operates programs including business investment incentives, innovation tax credits, trade promotion, regional development, and industrial land development.