This annual economic forecast for the province of Nova Scotia examines the economic outlook for the province, including gross domestic product (GDP), output by industry and labour market conditions.
Population Aging Will Constrain the Economy: Nova Scotia’s 20-Year Outlook
Population Aging Will Constrain the Economy: Nova Scotia’s 20-Year Outlook
Provincial Economic Analysis
$705.00
Following a plunge in 2020 during the pandemic and a fast rebound in the next two years, Nova Scotia’s economic growth will gradually slow down and align with the potential GDP over the long term. The province’s real GDP is forecast to grow by an average annual rate of 0.9 per cent between 2023 and 2040.
Customers Who Downloaded This Also Liked
5 min read
15 min read
16 min read
15 min read
Require an accessible version of this research?
Upon request, Signal49 Research offers accessible versions of research. Please contact us to request your accessible version.
Learn more about our accessibility policies.
Effective January 26, 2026, AERIC Inc./Signal49 Research discontinued use of ‘The Conference Board of Canada’ name, logo and branding, which had been used by AERIC Inc./Signal49 Research under license from The Conference Board, Inc. The Conference Board, Inc. and its licensees, which are not affiliated with Signal49 Research, own all right, title and interest in THE CONFERENCE BOARD name and trademarks in Canada and have the exclusive right to their use in Canada since January 26, 2026.
