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 2014
Metropolitan Outlook 1: Economic Insights into 13 Canadian Metropolitan Economies: Spring 2014
Urban City Economic Analysis
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- Halifax’s economy will grow by 2.7 per cent in 2014, propelled by higher levels of offshore oil production and manufacturing.
- Strength in non-residential construction will help real GDP growth improve to 1.9 per cent in Québec City in 2014.
- Montréal’s economic growth will accelerate to 2.1 per cent this year as manufacturing and non-residential construction rebound.
- Ottawa–Gatineau’s GDP will edge up 0.9 per cent in 2014 as non-residential construction and high-tech
- Toronto’s GDP growth will accelerate to 2.7 per cent thanks to rebounds in manufacturing and in wholesale and retail trade.
- Stronger growth in manufacturing and in many services industries will lead to GDP growth of 2.1 per cent in Hamilton this year.
- Healthier manufacturing and services sector growth will help Winnipeg’s economy grow by 1.8 per cent in 2014.
- Regina’s red-hot economy will ease to still-robust 3.3 per cent growth in 2014 as manufacturing and construction remain strong.
- Led by strong manufacturing, widespread strength in Saskatoon’s economy will lead to GDP growth of 2.9 per cent this year.
- Strength in manufacturing and construction will offset slower services growth to lift Calgary’s GDP by 3.4 per cent in 2014.
- Edmonton’s GDP will expand by 3.1 per cent in 2014 as the oil sands drive gains in its primary and manufacturing sectors.
- Gains in non-residential construction, manufacturing, and primary and utilities will lift Vancouver’s GDP
- Victoria’s GDP will grow by 1.4 per cent in 2014, led by rebounds in non-residential construction and the private services sector.
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