Econometric Research Limited and Harry Cummings and Associates Inc. were jointly retained to conduct the assessment. The purpose of the study was to demonstrate the value of the overall Ontario agricultural equine industry to the provincial economy by analyzing the direct, indirect, and induced economic impacts of horse ownership, recreation, genetics, exports, and equine-related services.

The study found that Ontario's equine sector supports 35,739 full-time equivalent jobs and contributes $4.4 billion to Ontario's GDP. Total economic output generated by the sector is $8.2 billion. 

The final report highlights the sector's economic footprint, environmental value, and role in sustaining rural communities. It also provides transparent, credible data to support future planning, investment, and advocacy. 

To read or download the full report CLICK HERE

To demonstrate the value of the equine industry to the provincial economy by documenting the direct, indirect, and induced economic impacts of horse ownership, recreation, and equine-related services.

• Direct impact = the initial capital and on-going operational spending by horse owners and equine facility operators

• Indirect impact = subsequent purchases by suppliers of materials and services (inputs) to the sector 

• Induced impact = results from equine facility and supply chain employees spending their income on consumer goods and services.

Thank you to the 1,207 horse owners and 506 equine related businesses who completed our survey!  Your participation was greatly appreciated.