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: Winter 2008
Metropolitan Outlook 1: Economic Insights into 27 Canadian Metropolitan Economies: Winter 2008
Urban City Economic Analysis
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- Halifax’s economy will grow by 2.8 per cent in 2008, helped by ongoing strength in the services sector.
- Major construction projects in Québec City will help economic growth hold steady at 2.8 per cent in 2008.
- Montréal’s GDP growth will improve to 2.6 per cent in 2008, as it benefits from a booming aerospace industry.
- Stronger public administration output growth will help Ottawa–Gatineau’s economy expand by 2.7 per cent in 2008.
- Toronto’s economic growth will improve modestly to 2.8 per cent in 2008, up from 2.6 per cent in 2007.
- Manufacturing will be less of a drag in Hamilton, allowing its GDP growth to reach 1.9 per cent in 2008.
- Booming construction and thriving manufacturing will propel Winnipeg’s economic growth to 3.4 per cent in 2008.
- After enjoying its best growth in 10 years in 2007, Regina’s economy will ease to 2.6 per cent growth in 2008.
- Saskatoon’s economy will also expand at a more sustainable 2.7 per cent rate in 2008.
- Coming off yet another solid performance in 2007, real GDP in Calgary will increase by 4.2 per cent in 2008.
- Real GDP growth in Edmonton will rise to 4 per cent in 2008, thanks to a jump in goods sector output.
- A rebound in the goods sector will contribute to GDP growth of 3.3 per cent in Vancouver in 2008.
- Economic growth in Victoria will ease to 2.7 per cent in 2008 because of a slowdown in the services sector.
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