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Rail Transportation in Ontario

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS ON48211CA

Rail Transportation in Ontario industry analysis

Revenue for the Rail Transportation industry in Ontario is expected to grow an annualized x.x% to $x.x billion over the five years to 2025, while revenue for the national industry will likely grow at x.x% during the same period. The number of industry establishments has increased an annualized x.x% to xxx locations over the past five years. Industry employment has increased an annualized x.x% to x,xxx workers during the period, while industry wages have increased an annualized x.x% to $x.x billion.

Over the five years to 2030, provincial industry revenue is expected to grow an annualized x.x% to $x.x billion, while revenue for the national industry will likely grow x.x%. The number of industry establishments is forecast to grow x.x% to xxx locations over the next five years. Industry employment is expected to decrease an annualized -x.x% to x,xxx workers during the outlook period, while industry wages likely decrease -x% to $x.x million.

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About the Rail Transportation in Ontario Market Research Report

What’s Included in the Rail Transportation in Ontario Market Research Report

Definition of the Rail Transportation in Ontario?

Operators in the Rail Transportation industry in Canada primarily manage railways, including long-haul or mainline railways, short-haul railways and passenger railways. This industry excludes the operation of street railways, tourist and scenic trains, urban rapid transit and switching and terminal railways.

What’s included in the Rail Transportation in Ontario?

The Rail Transportation in Ontario includes conducting intermodal freight transportation, conducting dry bulk freight transportation, conducting liquid bulk freight transportation, conducting other freight transportation, conducting passenger transportation and conducting other services, including vertically integrated solutions to shippers like door-to-door delivery. Related terms covered in the Rail Transportation in Ontario industry report includes companies and their related operations with revenue exceeding $250.0 million, operations that involve more than one mode of transport to complete the movement of shipments, a unit of measure for freight transport representing the revenue generated from transporting one tonne of goods over a distance of one kilometre and the engine portion of the train that moves the entire train. this section doesn't carry any payloads.

Industry Performance of the Rail Transportation industry in Ontario

Benchmark the Rail Transportation in Ontario industry performance with all ON Census Metropolitan Area and national performance.

Rail Transportation in Ontario

#1 in Highest Revenue 32.4% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Rail Transportation in Canada


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Rail Transportation industry in Ontario

See how key industry drivers, such as gross domestic product, private investment in non-residential construction, bachelorsed, total trade value, total retail sales and freight of chemical products are impacting Rail Transportation in Ontario

Ontario Economic Indicators

Gross Domestic Product
Private Investment in Non-Residential Construction
BachelorsEd

View more economic information in ON State Economic profile

Canada Key External Drivers

Total trade value
Total retail sales
Freight of chemical products

For the full list of industry drivers, see report purchase options.

Census Metropolitan Area Data of the Rail Transportation industry in Ontario

Access proprietary data on Census Metropolitan Area in the Rail Transportation in Ontario, such as Toronto, Woodstock and Windsor. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Rail Transportation industry in Ontario

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Rail Transportation industry in Ontario in 2025?

The market size of the Rail Transportation industry in Ontario is $7.4bn in 2025.

How many businesses are there in the Rail Transportation industry in Ontario in 2025?

There are 129 businesses in the Rail Transportation industry in Ontario, which has been growing at an average annual rate of 1.6% from 2020 to 2025.

Has the Rail Transportation industry in Ontario grown or declined over the past 5 years?

The market size of the Rail Transportation industry in Ontario has been growing at an average annual rate of 1.5% from 2020 to 2025.

How many employees in the Rail Transportation industry in Ontario in 2025?

There are 10,528 employees in the Rail Transportation industry in Ontario, which has been growing at an average annual rate of 1.3% from 2020 to 2025.