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.

Provincial Outlook Economic Forecast: Autumn 2017

The Conference Board of Canada, 175 pages, December 22, 2017
Report
4.5/5 based on 8 reviews
(You must be signed in and entitled to rate this report)
This quarterly economic forecast provides highlights of the Provincial Outlook report, which presents the short-term outlook for Canada's provinces.

Document Highlights

  • While key economic indicators remain positive as we approach the New Year, the Canadian economy is not expected to continue to grow at the same strong pace.
  • British Columbia will outpace all other provinces next year with real GDP growth of 2.7 per cent.
  • With oil prices steadily improving since the summer, Alberta’s economic performance could well surprise on the upside.
  • The strong economic momentum in Central Canada is expected to lose speed quickly as consumers shift gears and spend less.
  • Manitoba’s economic performance will be much weaker over the near term.
  • The countdown is on for new oil production in Newfoundland and Labrador—the only province that will see an acceleration in economic growth next year.

Table of Contents

Executive Summary

Résumé

Newfoundland and Labrador—Countdown to New Oil Production

  • Consumption
  • Investment
  • Government
  • Trade

Prince Edward Island—Solid Growth Continues on the Island

  • Strong Growth in Exports Supporting Manufacturing Sector
  • Tourism Showing No Signs of Slowing
  • Residential and Non-Residential Construction Moving in Opposite Directions
  • Stronger Revenues Bode Well for Near-Term Government Spending

Nova Scotia—Moderate Economic Growth for Nova Scotia

  • Labour, Income, and Consumption Outlooks
  • Government Outlook
  • Business Investment Outlook
  • Trade Outlook
  • Key Sectors

New Brunswick—Shrinking Labour Force Limits Economic Growth

  • Labour, Income, and Consumption Outlooks
  • Government Outlook
  • Business Investment Outlook
  • Trade Outlook
  • Key Sectors

Quebec—Uncertainty About Trade Tariffs Weighs on Economy

  • Consumption
  • Investment
  • Housing
  • Government
  • Trade

Ontario—Housing Contraction to Cool Economy

  • Consumer Spending Down a Few Notches in 2018
  • Business Investment Outlook
  • Government Outlook
  • Trade Outlook

Manitoba—Province Takes a Breather Over the Medium Term

  • Consumer Outlook
  • Investment Outlook
  • Government Outlook
  • Trade
  • Key Industries

Saskatchewan—Province Rolling With the Punches

  • Consumer Outlook
  • Government Outlook
  • Government Outlook
  • Trade
  • Key Industries

Alberta—Alberta Makes a Comeback

  • Consumers Go on a Post-Recession Purchasing Spree
  • Business Investment
  • Alberta’s Fiscal Situation on Shaky Ground
  • Trade and Energy Outlook

British Columbia—B.C. Set to Lead the Provinces in Growth in 2018

  • Introduction
  • Have Investors Shrugged Off the Foreign-Buyers Tax?
  • Forestry in the Doldrums
  • B.C. Energy Projects at Risk

Appendix A—Forecast Tables

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.

Update Interests