Territorial Outlook: Summer 2016

The Conference Board of Canada, 57 pages, September 14, 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

  • Of all the provinces and territories, Yukon’s economy is facing the bleakest near-term outlook.
  • The public sector will help the territorial economies over the near term by investing in infrastructure.
  • While financing conditions remain difficult in the mining sector, the outlook is expected to improve for the territories, mainly early in the 2020s.

Table of Contents


Overview—Territorial Outlook

  • Canadian Economy to Advance at Only a Modest Pace in 2016
  • U.S. Economic Growth Still Weak
  • A Ray of Sunshine on the Horizon for the Territories

Nunavut—Economy Set to Grow

  • Mixed Economy
  • Mining
  • Mineral Exploration
  • Construction
  • On the Water
  • Labour Marke
  • Education
  • Demographics
  • Public Accounts

Northwest Territories—Northwest Territories’ Economy Comes to a Standstill

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

Yukon—Mine Closure Clouding Yukon’s Near-Term Economic Outlook

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

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