Filed pursuant to Rule 433
Registration No. 333-159397

Final Term Sheet

Issuer:	Province of Ontario
Expected Ratings:	Moody’s Aa1; S&P AA-; DBRS AA (low)
Title:	1.875% Bonds due November 19, 2012
Aggregate Principal Amount:	U.S.$3,000,000,000
Denominations:	U.S.$5,000 and integral multiples of U.S.$1,000 for amounts in excess of U.S.$5,000
Trade Date:	November 10, 2009
Issue Date (Settlement Date):	November 19, 2009
Maturity:	November 19, 2012
Interest Payment Dates:	May 19 and November 19 of each year, commencing on May 19, 2010. Interest will accrue from November 19, 2009.
Spread to Treasury:	+ 55.2 basis points
Benchmark Treasury:	UST 1.375% due November 15, 2012
Treasury Spot/Yield:	99-31/ 1.386%
Yield to Maturity:	1.938% semi annual
Interest Rate:	1.875%
Public Offering Price:	99.817% plus accrued interest from November 19, 2009 if settlement occurs after that date
Day Count Convention:	30/360
Underwriters:	Barclays Bank PLC Credit Suisse Securities (Europe) Limited J.P. Morgan Securities Ltd. The Toronto-Dominion Bank Bank of Montreal, London Branch CIBC World Markets Corp. Morgan Stanley & Co. International plc National Bank Financial Inc. RBC Capital Markets Corporation

Prospectus and Prospectus Supplement:	Prospectus dated as of May 21, 2009, and Preliminary Prospectus Supplement dated as of November 10, 2009 http://www.sec.gov/Archives/edgar/data/74615/000095012309060575/o57457e424b2.htm
CUSIP# / ISIN#:	683234 8E1 / US6832348E11
Listing:	Admission to the United Kingdom Listing Authority’s Official List and to trading on the London Stock Exchange plc’s Regulated Market may be completed following settlement on a best efforts basis.
Settlement:	We expect that delivery of the Bonds will be made against payment therefor on or about the closing date of this offering specified on the cover page of the prospectus supplement, which is six business days following the date of pricing of the Bonds (this settlement cycle being referred to as “T+6”). Under Rule 15c6-1 of the Exchange Act, trades in the secondary market generally are required to settle in three business days, unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade their Bonds on the date of pricing or the next two succeeding business days will be required, by virtue of the fact that the Bonds initially will settle in T+6, to specify an alternate settlement cycle at the time of any such trade to prevent a failed settlement. Purchasers of Bonds who wish to trade their Bonds on the date of pricing or the next two succeeding business days should consult their own advisor.
U.S. Legend:	The Issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the Issuer has filed with the SEC for more complete information about the Issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the Issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling TD Securities at 1-800-263-5292.
European Economic Area Legends:	If and to the extent that this announcement is communicated in, or the offer of the bonds to which it relates is made in, any European Economic Area Member

	State that has implemented Directive 2003/71/EC (the “Prospectus Directive”) (other than the United Kingdom, once the UKLA Prospectus as defined below has been approved by the Financial Services Authority), this announcement and the offer are only addressed to and directed at persons in that Member State who are qualified investors within the meaning of the Prospectus Directive (or who are other persons to whom the offer may lawfully be addressed) and must not be acted upon by other persons in that Member State.
	This document does not constitute or form part of any offer or invitation to sell these bonds and is not soliciting any offer to buy these bonds in any jurisdiction where such offer or sale is not permitted. This document is, for the purposes of Article 15 of the Prospectus Directive, not a prospectus but an advertisement, and investors in the European Economic Area should not subscribe for or purchase these bonds once admitted to trading on the London Stock Exchange plc’s Regulated Market except on the basis of information in the UKLA Prospectus (as defined below). The Province intends to file a single prospectus (the “UKLA Prospectus”) pursuant to Section 5.3 of the Prospectus Directive with the Financial Services Authority in its capacity as competent authority under the Financial Services and Markets Act 2000, as amended, for the purpose of having these bonds admitted to trading on the London Stock Exchange plc’s Regulated Market as soon as possible after closing of this issue. In compliance with the Prospectus Directive, the UKLA Prospectus will be published in due course, subject to its approval by the United Kingdom Listing Authority, and investors will be able to obtain a copy of the UKLA Prospectus from the office of the Province at the Ontario Financing Authority, One Dundas Street West, Suite 1400, Toronto, Ontario, Canada M5G 1Z3 and the United Kingdom paying agent, The Bank of New York Mellon, One Canada Square, London E14 5AL, England. Investors in the European Economic Area should not subscribe for any bonds referred to in this advertisement except on the basis of information in the UKLA Prospectus.
Swiss Legend:	The prospectus dated as of May 21, 2009 and the preliminary prospectus supplement dated as of November 10, 2009 and this notice do not constitute a public offering prospectus as that term is understood pursuant to article 652a or 1156 of the Swiss Code of Obligations. The prospectus dated as of May 21, 2009 and the preliminary prospectus supplement dated as of November 10, 2009 and this notice may not be issued,

	circulated or distributed or otherwise made publicly available in or from Switzerland and are not intended as an offer or solicitation with respect to the purchase or sale of the bonds by the public.
Other:	ANY DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR BELOW ARE NOT APPLICABLE TO THIS COMMUNICATION AND SHOULD BE DISREGARDED. SUCH DISCLAIMERS OR OTHER NOTICES WERE AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION BEING SENT VIA BLOOMBERG OR ANOTHER EMAIL SYSTEM.