Metropolitan Outlook 2: Economic Insights into 15 Canadian Metropolitan Economies: Summer 2014

The Conference Board of Canada, 93 pages, July 2014
Report by Alan Arcand, Jane McIntyre, Greg Sutherland, Robin Wiebe
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This publication focuses on the metropolitan economies of St. John’s, Moncton, Saint John, Saguenay, Trois-Rivières, Sherbrooke, Kingston, Oshawa, St. Catharines–Niagara, Kitchener, London, Windsor, Greater Sudbury, Thunder Bay, and Abbotsford.

Document Highlights

  • Slower growth in offshore oil production and lower construction output will hold GDP growth in St. John’s to 1.6 per cent in 2014.
  • Moncton’s economy will grow by 2.1 per cent in 2014, thanks to decent gains in several services sectors.
  • Healthy wholesale and retail trade output will help support GDP growth of 1.4 per cent in Saint John this year.
  • Saguenay’s GDP will grow by 1.3 per cent in 2014, led by steady services sector growth and a modest manufacturing recovery.
  • Output contractions in primary and utilities and construction will result in a 1.2 per cent drop in Trois-Rivières’ overall GDP in 2014.
  • A recovery in manufacturing will help offset negative growth in construction, resulting in 1 per cent GDP growth in Sherbrooke this year.
  • Kingston’s economy will grow by 1.2 per cent in 2014 as growth in the services sector offsets declines in manufacturing and construction.
  • Strength in manufacturing and in transportation and warehousing will lead to 2.5 per cent GDP growth in Oshawa this year.
  • A rebound in manufacturing activity will help lift St. Catharines–Niagara’s economy by 1.2 per cent this year.
  • Kitchener–Cambridge–Waterloo’s GDP will grow by 2.5 per cent this year, as construction starts on light-rail transit.
  • London’s GDP will grow by 1 per cent this year, as manufacturing recovers but construction contracts.
  • A better goods sector performance will help lift Windsor’s economy by 1.6 per cent this year.
  • Sudbury’s GDP will grow by 1.1 per cent in 2014, held back by a weak construction sector and slower growth in wholesale and retail trade.
  • An ongoing recovery in manufacturing will pull up Thunder Bay’s overall economic growth to 1.5 per cent this year.
  • Stronger manufacturing and non-residential construction activity will lift real GDP in Abbotsford–Mission by 2.9 per cent this year.

Faits saillants

  • Le ralentissement de la croissance dans le secteur de la production pétrolière en mer et une baisse de la production dans le secteur de la construction limiteront la croissance du PIB de St. John’s à 1,6 % en 2014.
  • L’économie de Moncton progressera de 2,1 % en 2014, grâce à des gains appréciables dans plusieurs secteurs des services.
  • Le PIB de Saint John croîtra de 1,4 % cette année grâce notamment à une production robuste dans le secteur du commerce de gros et de détail.
  • À Saguenay, le PIB se bonifiera de 1,3 % en 2014, sous l’impulsion d’une croissance soutenue du secteur des services et d’une reprise modérée du secteur manufacturier.
  • Les contractions de la production dans le secteur primaire et des services publics et dans celui de la construction entraîneront une baisse de 1,2 % du PIB global de Trois-Rivières en 2014, le troisième repli annuel consécutif.
  • La reprise du secteur manufacturier aidera à compenser la croissance négative du secteur de la construction, favorisant ainsi une progression de 1 % du PIB de Sherbrooke cette année.
  • L’économie de Kingston gagnera 1,2 % en 2014, alors que la croissance du secteur des services contrebalancera les replis dans les secteurs de la fabrication et de la construction.
  • La vigueur du secteur de la fabrication et de celui des transports et de l’entreposage favorisera une croissance du PIB de 2,5 % à Oshawa cette année.

Table of Contents

User’s Guide

Canadian Census Metropolitan Areas

Cross-City Comparison

Canada

Canada (français)

Newfoundland and Labrador

  • St. John’s

New Brunswick

  • Moncton
  • Saint John

Nouveau-Brunswick (français)

  • Moncton (français)

Quebec

  • Saguenay
  • Trois-Rivières
  • Sherbrooke

Québec (français)

  • Saguenay (français)
  • Trois-Rivières (français)
  • Sherbrooke (français)

Ontario

  • Kingston
  • Oshawa
  • St. Catharines–Niagara
  • Kitchener–Cambridge–Waterloo
  • London
  • Windsor
  • Greater Sudbury
  • Thunder Bay

British Columbia

  • Abbotsford–Mission

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