This publication focuses on the metropolitan economies of Halifax, Quebec City, Montreal, Ottawa-Gatineau, Toronto, Hamilton, Winnipeg, Regina, Saskatoon, Calgary, Edmonton, Vancouver, and Victoria.
Metropolitan Outlook 1: Economic Insights into 13 Canadian Metropolitan Economies: Spring 2011
Metropolitan Outlook 1: Economic Insights into 13 Canadian Metropolitan Economies: Spring 2011
Urban City Economic Analysis
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- Work at the Halifax Shipyard will help support overall economic growth of 2.5 per cent in Halifax this year.
- Québec City’s GDP will rise 2.3 per cent in 2011 as manufacturing growth resumes but services activity eases.
- Montréal’s GDP growth will moderate to 2.1 per cent this year, in line with the slower global recovery.
- Federal government belt-tightening will limit Ottawa–Gatineau’s economic growth to 2.2 per cent in 2011.
- The winding down of government stimulus will hold Toronto’s GDP growth to a still solid 2.8 per cent in 2011.
- As the Canadian and U.S. recoveries ease, Hamilton’s economic growth will moderate to 2.5 per cent this year.
- Winnipeg’s GDP growth will reach 2 per cent in 2011 as manufacturing activity strengthens.
- Strong construction activity will help Regina’s economy expand by 3.1 per cent in 2011.
- Strength in construction, manufacturing, and services will propel Saskatoon’s GDP growth by 4.1 per cent this year.
- Calgary’s GDP will grow by 3.4 per cent in 2011, thanks to continued manufacturing strength and solid consumer demand.
- Widespread strength in the services sector will help lift Edmonton’s economy by 3.1 per cent in 2011.
- Vancouver’s GDP growth will ease to 2.4 per cent this year, pulled down by falling construction output.
- Lower construction output and weak services activity will limit Victoria’s GDP growth to 1.7 per cent in 2011.
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