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Ontario real estate investment information with real estate listings for Toronto, Ottawa, Hamilton, Markham and Kitchener.

Ontario Real Estate
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Ontario offers a well regulated real estate industry which is led by The Ontario Real Estate Association. The November, 2005 average price for housing in Ontario was $270,012cd, up from $250,567cd in November, 2004.

Ontario is the most populous and second-largest in area of Canada's ten provinces. It is found in east-central Canada. Its capital is Toronto. Ottawa, the capital of Canada, is also located in Ontario. Ontario has a population (July 1, 2005) of 12,541,410, representing approximately 37.9% of the total Canadian population.

Ontario's rivers, particularly its share of the Niagara River, make it rich in hydroelectric energy. This competitive advantage, as well as excellent transportation links to the American heartland, has contributed to making manufacturing the principal industry, found mainly in the Golden Horseshoe region, the most industrialized area in Canada. Important products include motor vehicles, iron, steel, food, electrical appliances, machinery, chemicals, and paper. Ontario surpassed the American state of Michigan in car production, assembling 2.696 million vehicles in 2004

Toronto is the centre of Canada's financial services and banking industry. Surburban cities Brampton and Mississauga are large product distribution centres, in addition to having automobile related industries. The information technology sector is also important, especially around Markham, Waterloo and Ottawa. Mining and the forest products industry, notably pulp and paper, are important to the economy of the Canadian Shield of Northern Ontario. Tourism, much of it contributes heavily to the economy of Central Ontario and in border cities with large casinos, among them Windsor and Niagara Falls.

Once the dominant industry, agriculture occupies a small percentage of the population. The number of farms has decreased from 68,633 in 1991 to 59,728 in 2001, but farms have increased in average size. Cattle, small grains and dairy were the common types of farms in the 2001 census. The fruit, grape and vegetable growing industry is located primarily on the Niagara Peninsula and along Lake Erie. The Ontario origins of Massey-Ferguson Ltd., once one of the largest farm implement manufacturers in the world, indicate the importance agriculture once had to the Ontario economy.

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