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: Winter 2013
Metropolitan Outlook 1: Economic Insights into 13 Canadian Metropolitan Economies: Winter 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 the services sector.
- Québec City’s GDP will expand 2.1 per cent this year, as construction of an NHL-sized arena picks up.
- Stronger growth in the aerospace industry will help Montréal’s GDP grow by 1.7 per cent in 2013.
- Federal fiscal austerity and a drop in housing starts will limit Ottawa–Gatineau’s GDP growth to 1.3 per cent in 2013.
- Gains in manufacturing and in transportation and warehousing will help lift Toronto’s economy by 2.8 per cent in 2013.
- Hamilton’s GDP will expand by 2.3 per cent this year, thanks to gains in manufacturing and the services sector.
- Expansion in manufacturing and the services sector will help Winnipeg’s GDP growth edge up to 2 per cent in 2013.
- Regina’s GDP is forecast to grow by 3.5 per cent in 2013, building further on three exceptionally strong years.
- Saskatoon’s economy will grow by 3.7 per cent in 2013, as the construction and services sectors thrive.
- Private services-producing industries will help maintain growth of 3.3 per cent in Calgary this year.
- Robust manufacturing activity and retail spending this year will support GDP growth of 3.2 per cent in Edmonton.
- Vancouver’s economy will grow by 2.9 per cent in 2013 as manufacturing continues to recover.
- Contraction in the public sector will limit the improvement in Victoria’s GDP growth to 1.8 per cent this year.
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