This annual forecast examines economic trends and GDP data over the next 20 years for Canada’s key industries, including agriculture, fishing, forestry, mining, construction, and the services sector.
Provincial Outlook Long-Term Economic Forecast: Industry Trends—2018
Provincial Outlook Long-Term Economic Forecast: Industry Trends—2018
Industry Economic Analysis
Provincial Economic Analysis
$675.00
- A rapidly growing middle class in Asia and globally ambitious businesses at home are expected to fuel growth in key industries in Canada.
- The long-term outlook for the fishing industry is gloomy.
- A host of factors—both market-driven and political—will hurt the Canadian forestry and logging industry’s ability to grow much over the long term.
- Construction activity in Canada is set to soften over the long run.
- Canadian energy producers will need to invest in infrastructure, such as pipelines and LNG terminals, to secure more profitable exports to Asian and other markets.
- Canada has several metal ore mining projects in the pipeline that could lead to a solid pickup in investment over the next decade or so.
- Services-producing industries will account for 1.5 percentage points of the 2.1 per cent average annual growth rate expected for the Canadian economy over the forecast.
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