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Territorial Outlook Economic Forecast: Summer 2019

The Conference Board of Canada, 75 pages, July 9, 2019
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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

  • Mining activities will help see the territorial economies through the slower global economic growth
  • Nunavut’s strong mining sector will help the economy grow at a solid pace over the next several years.
  • Weaker growth in mining in the Northwest Territories will affect other areas of the economy, notably construction activity.
  • Economic growth in Yukon will slow this year but then rebound in the next decade new mines start operating.

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