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: Spring 2014
Territorial Outlook: Spring 2014
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- While the mining industry will continue to be pressured by commodity prices, the economic outlook for Canada’s three Northern territories is positive.
- The Mary River iron ore project and a number of public infrastructure projects will generate new jobs for Nunavut over the near term.
- The Yukon economy is still facing headwinds, but the near-term outlook is looking generally more positive.
- The composition of growth in the N.W.T. economy is changing as the diamond industry matures.
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