Investment-Led Growth Offsets Demographic Headwinds
Manitoba’s economy is set to expand 1.4 per cent in 2026. Real GDP growth will accelerate to 2.6 per cent in 2027 as tariffs are lifted, before stabilizing around 2.5 per cent through 2030.
What will real investment look like between 2025 and 2030, and what will be the three contributors to the outlook? Will sectoral labour shortages persist in healthcare, construction, and skilled trades? How about household consumption and housing starts? Will wildfire costs and drought continue to have impacts on Manitoba’s outlook? And what improvements will be seen from the 15 per cent Canada–Chinese agreement in January 2026 to lower the canola seed tariff?
Read the online experience for our full five-year outlook.


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