Demographics in the Driver’s Seat
Real GDP growth in the province will be just 0.7 per cent in 2026 before picking up to 1.8 per cent in 2027 and averaging an annual growth of 1.8 per cent between 2028 and 2030.
What is the forecast for Quebec’s population—growth or decline? Will employment growth remain subdued, and what effect might this have on the labour markets? Is real consumer spending expected to expand in 2026, and what is the outlook over 2027–30? What will continue to account for most of the province’s capital spending growth through the decade? And will government revenue growth remain constrained?
Read the online experience for our full five-year outlook.
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