Manitoba’s 20-Year Outlook—June 2026

Manitoba’s 20-Year Outlook—June 2026

Provincial Economic Analysis
15 min read

Author: Signal49 Research

$705.00

This annual economic forecast for the province of Manitoba examines the economic outlook for the province, including gross domestic product (GDP), output by industry and labour market conditions.

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Megaprojects Anchor Growth as Demographics Tighten

Manitoba’s 20-year outlook is shaped by our demographic outlook. In the near term, a federal policy shift that slowed newcomer arrivals is expected to fade, however population aging and a modestly declining natural rate of population growth—which has been trending down for decades—will weigh on population growth.

In light of an aging population and reduced immigration, what will the impact be on the province’s long-term GDP outlook? How will Manitoba’s industry mix of employment shift over the next 20 years, and which sectors are expected to add the most jobs of any sector? What major projects will support investment over the forecast period, and why?

Read the issue briefing to get our full analysis.

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