Provincial Outlook Economic Forecast: Manitoba—Spring 2019
The Conference Board of Canada, 62 pages,
June 7, 2019
This quarterly economic forecast for the province of Manitoba examines the economic outlook for the province, including gross domestic product (GDP), output by industry and labour market conditions.
- Manitoba’s economic outlook will remain modest over the next two years, but the slowdown will be mainly transient.
- Investment peaked in 2018 with the completion of Bipole III and Enbridge Line 3, and with the significant development of Keeyask.
- The agriculture and manufacturing industries will be sources of growth throughout the forecast period; farmers, however, face challenges this year on both the supply and demand sides of the market.
- The maturing of the metal mining production will hurt economic growth.