Geography 2010A/B Study Guide - Great Lakes Areas Of Concern, Hudson Bay Lowlands, Lake Ontario
12 Feb 2013
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Gross domestic product (gdp): an estimate of the total value of all materials, food, goods and services provided by a country or provinces in a particular year. Ontario, within canada has fallen well below the national average in population growth. Only the inflow of international migrants has allowed ontario to have a positive population growth rate. Ontario was caught in a canada-wide decline in manufacturing and forestry. The sudden and unexpected global economic collapse of 2008-2009 put a serious dent in. Ontario"s economic performance, especially in its automobile manufacturing and parts industries. The days of an open border are gone, making cross border manufacturing more costly and less attractive for locating new plants in ontario. The western provinces have outpaced the economic and population growth of ontario. The us policy of buy america left ontario"s manufacturers unable to participate in the massive us stimulus spending program of 2009-2010.
