Provincial Outlook Executive Summary: Winter 2010

The Conference Board of Canada, 14 pages, February 2010
Executive Summary by Marie-Christine Bernard

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This quarterly economic forecast provides highlights of the Provincial Outlook report, which presents the short-term outlook for Canada's provinces.

British Columbia will finish first this year, boosted in part by the Winter Olympic Games and a recovery in the decimated forestry sector.
Ontario is forecast to outpace the national average for the first time in nearly a decade in 2010. The provincial economy has been picking up speed over the last few months.
Quebec will experience only modest economic growth over the next two years, as the aerospace industry continues to suffer and public infrastructure stimulus winds down.
The Maritime provinces, along with Manitoba, will post real GDP growth of 2 per cent or less in 2010. These provinces did not falter as much during the recession.
New potash sales early this year will kick off the recovery in Saskatchewan.
Alberta’s energy sector is set to bounce back, while the resource sector will fuel a rebound in Newfoundland and Labrador, as both provinces emerge from the recession.

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