This publication focuses on the metropolitan economies of St. John’s, Moncton, Saint John, Saguenay, Trois-Rivières, Sherbrooke, Kingston, Oshawa, St. Catharines–Niagara, Kitchener–Cambridge–Waterloo, London, Windsor, Greater Sudbury, Thunder Bay, and Abbotsford–Mission.
Metropolitan Outlook 2: Economic Insights into 15 Canadian Metropolitan Economies—Summer 2017
Metropolitan Outlook 2: Economic Insights into 15 Canadian Metropolitan Economies—Summer 2017
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Oshawa is expected to lead the way this year with economic growth of 2.5 per cent, thanks to strong contributions from several services-producing industries and construction.
Solid manufacturing activity will help fuel overall real GDP growth of at least 2 per cent in Windsor, Abbotsford–Mission, and Sherbrooke in 2017.
Moncton, Saint John, Trois-Rivières, Kingston, St. Catharines–Niagara, London, and Greater Sudbury will all see real GDP growth of between 1 and 2 per cent in 2017.
Economic growth this year will edge up by less than 1 per cent in Saguenay and Thunder Bay and fall by 1.1 per cent in St. John’s, the latter suffering from soft commodity prices, the unwinding of major investment projects, and fiscal austerity and tax hikes.
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