This publication focuses on the metropolitan economies of St. John’s, Saint John, Saguenay, Trois-Rivières, Sherbrooke, Kingston, Oshawa, St. Catharines–Niagara, Kitchener, London, Windsor, Greater Sudbury, Thunder Bay, and Abbotsford.
Metropolitan Outlook 2: Economic Insights into 14 Canadian Metropolitan Economies: Winter 2009
Metropolitan Outlook 2: Economic Insights into 14 Canadian Metropolitan Economies: Winter 2009
Urban City Economic Analysis
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- Economic growth in St. John’s this year will be 0.7 per cent, dragged down by lower offshore oil production.
- The global economic slowdown will limit Saint John’s GDP growth to 1 per cent this year.
- Non-residential investment spending will help Saguenay’s economy grow by a modest 1.1 per cent in 2009.
- Construction will offset ongoing manufacturing weakness in Trois-Rivières, for a 1.3 per cent GDP gain this year.
- Sherbrooke’s economy will grow by 1.5 per cent in 2009, supported by non-residential construction.
- Weak manufacturing and domestic demand will hold Kingston’s GDP growth to 0.9 per cent in 2009.
- Lower auto production will limit Oshawa’s economic growth to 0.7 per cent this year.
- Falling manufacturing output will pull down GDP growth in St. Catharines–Niagara to 0.6 per cent in 2009.
- Kitchener’s economy will expand by just 0.8 per cent this year because of lower manufacturing output.
- Slower services sector activity and shrinking manufacturing will limit London’s GDP growth to 0.7 per cent in 2009.
- Windsor’s automotive-driven economy will contract by 0.6 per cent this year.
- Tumbling nickel prices will trim Greater Sudbury’s economic growth to just 0.7 per cent in 2009.
- A slight manufacturing contraction will leave Thunder Bay’s real GDP flat in 2009.
- Weaker wood product manufacturing will limit Abbotsford’s GDP growth to 1.7 per cent in 2009.
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