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 27 Canadian Metropolitan Economies: Spring 2008
Metropolitan Outlook 1: Economic Insights into 27 Canadian Metropolitan Economies: Spring 2008
Urban City Economic Analysis
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- Renewed vigour in the construction sector will help Halifax’s economy grow by 2.6 per cent in 2008.
- Québec City’s GDP growth will ease to 2.6 per cent this year, before bouncing back to 3.2 per cent in 2009.
- The booming aerospace industry will help lift Montréal’s economic growth to 2.4 per cent in 2008.
- Stronger public administration output will help Ottawa–Gatineau’s economy expand by 2.6 per cent in 2008.
- Weakness in manufacturing will limit Toronto’s economic growth to 2.5 per cent again this year.
- Hamilton’s economy will grow by just 1.8 per cent in 2008, as manufacturing continues to struggle.
- Ongoing strength in construction and manufacturing will help propel Winnipeg’s GDP by 3.4 per cent this year.
- Regina’s economy will expand by 3.5 per cent in 2008, thanks to strong resource and agricultural markets.
- Economic growth of 3.5 per cent in Saskatoon this year will lead to a 2.5 per cent increase in employment.
- Coming off a solid performance last year, GDP growth in Calgary will accelerate to 3.9 per cent in 2008.
- With manufacturing picking up this year, Edmonton’s overall economy will expand by 3.6 per cent.
- Vancouver’s economy will grow by 3.1 per cent in 2008, as construction activity stays strong.
- Healthy consumer spending and construction activity in Victoria will help GDP grow by 3 per cent this year.
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