Metropolitan Outlook 1: Economic Insights into 13 Canadian Metropolitan Economies, Spring 2016

The Conference Board of Canada, 78 pages, May 31, 2016
Report by , , , , ,
5.0/5 based on 6 reviews
(You must be signed in and entitled to rate this report)
This publication focuses on the metropolitan economies of Halifax, Quebec City, Montreal, Ottawa-Gatineau, Toronto, Hamilton, Winnipeg, Regina, Saskatoon, Calgary, Edmonton, Vancouver, and Victoria.

Document Highlights

  • Real GDP in Halifax will grow by 2.8 per cent this year, with the manufacturing and construction sectors leading the way.
  • The weak Canadian dollar will benefit manufacturing and tourism, helping Québec City’s GDP grow by 1.9 per cent in 2016.
  • Montréal’s GDP will rise 2 per cent in 2016, thanks to strength in manufacturing, construction, and the private services sector.
  • Ongoing strength in non-residential construction and renewed growth in housing starts will help Ottawa–Gatineau’s GDP expand by 1.6 per cent in 2016.
  • Toronto’s GDP will grow by 2.6 per cent in 2016, with notable help from non-residential construction and from wholesale and retail trade.
  • Strength in construction and manufacturing will support growth of 2.1 per cent in Hamilton’s economy this year.
  • Winnipeg’s economy will grow by 2.3 per cent this year, driven by an improved outlook for the local goods sector.
  • Weak prices for oil and other commodities will limit Regina’s economic growth to 0.7 per cent this year.
  • Saskatoon’s GDP will edge up by 0.9 per cent in 2016, the result of ongoing weakness in commodities prices, particularly oil.
  • Calgary’s economy will contract by another 1 per cent in 2016 as low oil prices continue to hamper the region’s economy.
  • Weak oil prices mean Edmonton’s GDP will shrink by another 0.6 per cent this year.
  • Broad-based strength across most industries will help GDP expand by 3.2 per cent in Vancouver in 2016, making it this report’s growth leader.
  • Victoria’s GDP will rise 2.3 per cent in 2016 thanks to non-residential construction and renewed public administration growth.

Table of Contents

User’s Guide

Canadian Census Metropolitan Areas

Cross-City Comparison

Canada

Canada (français)

Nova Scotia

  • Halifax

Quebec

  • Québec City
  • Montréal

Québec (français)

  • Ville de Québec (français)
  • Montréal (français)

Ontario

  • Ottawa–Gatineau
  • Toronto
  • Hamilton

Manitoba

  • Winnipeg

Saskatchewan

  • Regina
  • Saskatoon

Alberta

  • Calgary
  • Edmonton

British Columbia

  • Vancouver
  • Victoria

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.