This publication focuses on the metropolitan economies of St. John’s, Moncton, 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 15 Canadian Metropolitan Economies, Winter 2016
Metropolitan Outlook 2: Economic Insights into 15 Canadian Metropolitan Economies, Winter 2016
Urban City Economic Analysis
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- Little growth in the primary and utilities sector and declines in construction will limit GDP growth in St. John’s to 0.5 per cent in 2016.
- Moncton’s GDP will rise 2.3 per cent in 2016, thanks to gains in construction and services, especially wholesale and retail trade.
- Strength in primary and utilities output and modest growth in construction will lift GDP growth in Saint John to 2 per cent this year.
- Real GDP in Saguenay will rise 1.6 per cent in 2016 as a result of growth in tourism and a rebound in manufacturing.
- Faster growth in manufacturing and in primary and utilities will help Trois-Rivières’s GDP expand by 1.6 per cent in 2016.
- Sherbrooke’s GDP will rise 2.1 per cent in 2016 thanks to the manufacturing recovery and a healthy business services sector.
- Kingston’s economy will grow 1.8 per cent this year, with manufacturing, construction, and non-commercial services contributing to growth.
- Oshawa’s economy will expand by 2 per cent in 2016 thanks to a recovery in manufacturing and steady overall growth in the services sector.
- Better services and manufacturing growth will help lift St. Catharines–Niagara’s economy by 1.7 per cent this year.
- Real GDP in Kitchener–Cambridge–Waterloo will grow 2.7 per cent in 2016 as work on light-rail transit boosts construction.
- Stronger services and decent manufacturing and construction output will help London’s economy expand by 2.2 per cent in 2016.
- Carried by strong performances in construction and manufacturing, Windsor’s real GDP will grow by 2 per cent this year.
- Ongoing nickel price weakness means Greater Sudbury’s real GDP will rise only 1 per cent in 2016, following two annual declines.
- Thunder Bay’s GDP will grow 1.1 per cent in 2016, thanks to balanced growth across the economy.
- Strength in manufacturing and construction will help lift Abbotsford–Mission’s economy by 2.8 per cent this year.
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