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 2013
Metropolitan Outlook 1: Economic Insights into 13 Canadian Metropolitan Economies: Spring 2013
Urban City Economic Analysis
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- Halifax’s economy will grow by 2.3 per cent in 2013, led by non-residential construction and manufacturing activity.
- Construction of the NHL-sized arena will help Québec City’s GDP expand by 1.7 per cent this year.
- Stronger growth in the aerospace industry will help support GDP growth of 1.8 per cent in Montréal in 2013.
- Federal fiscal austerity will limit Ottawa–Gatineau’s GDP growth to 1.3 per cent this year.
- Widespread gains in the services sector will help lift Toronto’s economy by 2.6 per cent in 2013.
- Hamilton’s GDP will expand by 2.1 per cent this year, thanks to gains in manufacturing and the services sector.
- Improvements in manufacturing and the services sector will help boost Winnipeg’s GDP by 2.3 per cent this year.
- Strength in construction and manufacturing will drive economic growth of 3.5 per cent in Regina in 2013.
- The 3.4 per cent expansion in Saskatoon’s GDP this year will spur job growth of 5.6 per cent.
- Solid manufacturing and primary activity will support GDP growth of 3 per cent in Calgary this year.
- Ongoing strength in construction, manufacturing, and primary industry will help Edmonton’s GDP grow by 3.6 per cent in 2013.
- Vancouver’s economy will grow by 2.6 per cent this year thanks to improvements in the services sector.
- Contraction in the public sector will limit Victoria’s GDP growth to 1.6 per cent this year.
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