The Territorial Outlook provides the economic and fiscal outlook for each of Canada’s three Northern territories, including output by industry, labour markets, and demographics.
Territorial Outlook July 2010
Territorial Outlook July 2010
Business and Household Indicators
Provincial Economic Analysis
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- After contracting by 2.5 per cent in 2009, real GDP in Canada is forecast to advance by 3.6 per cent in 2010.
- The Bank of Canada has begun to unwind the monetary stimulus that saw the bank rate fall to 0.5 per cent in April 2009 and stay there for more than a year.
- Real spending by all levels of government on programs and infrastructure will post growth of only 1.4 per cent in 2011 and 0.7 per cent in 2012.
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