Ontario Mortgage Calculators For Your House Ownership Planning

Ontario is home to 38% of the nation’s population and accounts for almost 50% of the nation’s GDP. The numerous federal, provincial, and municipal incentive programs make it easy to own a house in Ontario.

Located in east-central Canada, it is home to the nation’s capital, Ottawa, and the biggest city in the country, Toronto. Other major cities in Ontario are Mississauga, Brampton, Windsor, Barrie, Burlington, Oshawa, London, and Hamilton.

Ontario is known for its diverse population fueled by its friendly immigration and housing policies. Ontario’s Greater Toronto Area (GTA) has the third-largest immigrant population globally, after London and New York. These all contribute to its booming population as thousands of people choose to make their home in Ontario every year.

The province is also a major manufacturing centre and is home to many technology companies, such as IBM, Google, Amazon, Microsoft, Shopify, Intel, and others. Ontario is also home to some of the world’s best universities and colleges, like the University of Toronto, Western Ontario, and Queen’s Universities. These universities are major research hubs fueling the booming startup scene in the province and creating more employment.