Constrained by Demographic Trends
Quebec’s economic outlook is shaped by a combination of cyclical weakness in the near term and structural forces in the medium term. Demographic constraints will produce increasing headwinds, constraining labour supply and government revenue growth, as well shaping broader economic dynamics.
Amid demographic challenges such as an aging population that will impact revenue growth, what other fiscal challenges is the province facing in the medium term? Given that Quebec’s export sector is highly dependent on the U.S. market and, as a result, one of the most exposed to tariffs, what are our predictions for the province’s manufacturing industry? What major projects, many of which benefit from strong government backing, will boost investment?
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