This annual economic forecast for the province of Quebec examines the economic outlook for the province, including gross domestic product (GDP), output by industry and labour market conditions.
Provincial Outlook Long-Term Economic Forecast for Quebec 2014
Provincial Outlook Long-Term Economic Forecast for Quebec 2014
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- GDP growth will average 1.7 per cent annually over 2013–35.
- In 2035, people 65 and over will account for a quarter of Quebec’s population.
- Population aging will affect potential output growth, by lowering labour’s contribution.
- Housing starts will edge down from 36,000 in 2014 to 25,000 by 2035.
- Investment in machinery and equipment will be one of the fastest growing components of aggregate demand.
