Territorial Outlook: Summer 2012

The Conference Board of Canada, 54 pages, September 12, 2012
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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.

Document Highlights

  • Slowing growth in the global economy and turmoil in commodity and stock markets have led to us to scale back our forecast for near-term growth for the territories from what we were projecting in our previous Territorial Outlook just six months ago.
  • Still, despite the negative headwinds in the global economy, the outlook remains largely positive, particularly over the longer term.
  • New mine developments will provide a solid foundation for job creation and income growth over the forecast period.

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