Territorial Outlook: Winter 2016

The Conference Board of Canada, 54 pages, February 24, 2016
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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

  • All three territories faced difficult economic conditions in 2015, and the struggles are not over—the mining sector will continue to face headwinds over the near term.
  • Nunavut and Yukon’s economy will benefit from public investment in much-needed infrastructure, such as roads and airports, hospital renovations, and community facilities. That will help the territories to return to economic growth in 2016.
  • In the medium and long terms, resource development is expected to pick up as additional mines come online at the end of this decade and in the 2020s.

Table of Contents


Territorial Outlook

  • Canadian Economy to Advance at Only a Modest Pace in 2016
  • Mining Sector Woes Hurting Growth Prospects in Canada’s Territories

Nunavut—Nunavut Economy to Grow in 2016

  • Mining
  • Mineral Exploration
  • Construction
  • Fishing Industry
  • Services Sector Industries
  • Labour Market
  • Demographics
  • Public Accounts

Northwest Territories—Difficult Times in 2016

  • Introduction
  • Mining
  • Services
  • Labour Market
  • Demographics
  • Public Accounts

Yukon—Economy Set to Grow Again After Rough Patch

  • Overview
  • Mining
  • Prospective Mines and Exploration
  • Construction
  • Services Industries
  • Labour Markets
  • Demographics
  • Public Accounts

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