Provincial Outlook Economic Forecast: Manitoba—Spring 2018

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Provincial Outlook Economic Forecast: Manitoba—Spring 2018

Provincial Economic Analysis
Pages:76 pages8 min read

Author: Signal49 Research

$675.00

This quarterly economic forecast for the province of Manitoba examines the economic outlook for the province, including gross domestic product (GDP), output by industry and labour market conditions.

 

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Document Highlights

Real GDP growth will slow over the medium term as major construction projects are completed and metal mines shut down.

Employment growth will weaken over the next few years, with substantial job losses in the utilities sector and non-agriculture primary industries.

The outlook for the manufacturing sector is positive, thanks to investments in production capacity and strong foreign demand for some of Manitoba’s specialty products.

The provincial government aims to balance its books by 2024, projecting a $521-million deficit for 2018–19.

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