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A review of Ontario's present position; an outline of the challenges ahead; a description of the policies which the Provincial Government has evolved to meet the challenges. 1962 a record year for Ontario. Some facts and figures to support this assertion from the following areas: the manufacturing sector; agriculture; pulp and paper; capital investment; retail sales; the level of corporation profits and employment. Some short and long run problems with which the economy is faced. The balance of payments situation and the devaluation of the Canadian dollar. How the balance of payments problem arose. What is needed in terms of a programme. Expanding our exports of goods and services; decreasing our imports of goods and services. Finding sufficient revenues to meet an enormous foreign debt. The need for a positive policy for growth directed towards external trade. Details of Ontario's "Trade Crusade."