This publication focuses on the metropolitan economies of Trois-Rivières, Sherbrooke, St. Catharines-Niagara, London, Sudbury, Thunder Bay, Saskatoon and Abbotsford.
Metropolitan Outlook 2B: Economic Insights into 27 Canadian Metropolitan Economies: Winter 2007
Metropolitan Outlook 2B: Economic Insights into 27 Canadian Metropolitan Economies: Winter 2007
Urban City Economic Analysis
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- Economic growth in Trois-Rivières is forecast to be a modest 1.5 per cent in 2007, held back by the high Canadian dollar, fewer construction starts and lower income gains.
- A slight recovery in the manufacturing sector will help Sherbrooke’s real GDP growth rise to 2.2 per cent in 2007.
- Economic growth in St. Catharines–Niagara is forecast to jump to 3.1 per cent in 2007, partly because of two major construction projects in the energy sector.
- Real GDP growth in London is expected to rise to 2.4 per cent in 2007 thanks to a rebound in manufacturing output and non-residential construction.
- Healthy mining activity in Greater Sudbury will allow real GDP growth to stay fairly steady in 2007, at 1.5 per cent, despite a slowdown in residential construction.
- Thunder Bay’s economic growth is forecast to accelerate to 2 per cent in 2007, boosted by a rebound in the manufacturing sector.
- Coming off a solid 3.9 per cent increase in 2006, economic growth in Abbotsford is expected to moderate to a still-healthy 3 per cent in 2007.
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