This quarterly economic forecast provides highlights of the Provincial Outlook report, which presents the short-term outlook for Canada’s provinces.
Provincial Outlook Economic Forecast: Summer 2014
Provincial Outlook Economic Forecast: Summer 2014
Provincial Economic Analysis
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- The long-awaited economic improvement for Atlantic and Central Canada lost momentum as key economic indicators disappointed in the first part of the year.
- The forecast, however, is positive as we head into 2015. The U.S. economy is on a strong footing and that should help spur business confidence here in Canada.
- Unfavourable conditions in the agriculture sector will be holding back economic growth in the Prairie provinces this year with real GDP advancing by less than 1 per cent in Saskatchewan.
- The top-performing provinces next year will be Manitoba and Alberta.
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