Territorial Outlook: Autumn 2014

The Conference Board of Canada, 62 pages, December 16, 2014
Report
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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

  • The territories are still feeling the downturn in commodity prices, as project financing for new mines has been hard to secure.
  • The business case for many of the mining projects in the North remains bright. That will lead to the development of new mines over the next five years.
  • Total exploration and deposit appraisal spending in the territories has not grown since 2011.
  • Public sector projects will help stimulate growth in the construction sector over the next few years in all three territories.

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