Provincial Outlook Executive Summary: Winter 2018

The Conference Board of Canada, 30 pages, February 28, 2018
Executive Summary by
4.4/5 based on 11 reviews
(You must be signed in and entitled to rate this report)
This quarterly economic forecast provides highlights of the Provincial Outlook report, which presents the short-term outlook for Canada's provinces.

Document Highlights

  • The Canadian economy is still performing well, but growth has been easing.
  • Despite turbulence and uncertainty on the trade and investment fronts, no hard landing is expected for the Canadian economy.
  • A host of projects, mainly in the energy sector, will power B.C.’s economy this year to 3.1 per cent growth—the best of any province.
  • Quebec and Ontario will see economic growth ease from close to or above 3 per cent last year to around 2 per cent this year and next.
  • The recovery is on solid ground in Alberta, where job creation is expected to accelerate and lower the unemployment rate to close to 6 per cent by the end of this year.
  • Population aging is hurting the Maritimes. Economic growth will be relatively weak in Nova Scotia and New Brunswick over the near term.
  • New oil production from Hebron will help return Newfoundland and Labrador to real economic growth of 2.6 per cent in 2018 and 3.6 per cent in 2019.

Table of Contents


  • Turbulence Signals Hard Landing? Not So Fast!
  • National Overview
  • Provincial Overview
  • U.S. Outlook
  • Monetary Policy
  • Fiscal Outlook
  • Newfoundland and Labrador
  • Prince Edward Island
  • Nova Scotia
  • New Brunswick
  • Quebec
  • Ontario
  • Manitoba
  • Saskatchewan
  • Alberta
  • British Columbia

Appendix A–Forecast Tables

Access document

(you will be asked to sign-in)

To see if you are entitled to get this research for free, take a minute and create a free e-Library account. This will let us determine if someone else at your organization has already purchased access to this material.