This annual economic forecast for the province of New Brunswick examines the economic outlook for the province, including gross domestic product (GDP), output by industry and labour market conditions.
Shifting Populations, Hopeful Expectations: New Brunswick’s 20-Year Outlook
Shifting Populations, Hopeful Expectations: New Brunswick’s 20-Year Outlook
Provincial Economic Analysis
$705.00
The impact of the pandemic on New Brunswick’s economic growth was relatively limited compared with other Canadian provinces. Given an aging population and shortage in skilled labour workers, we forecast that real GDP will grow at a relatively constant average annual rate of 0.86 per cent from 2023 to 2040.
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