Provincial Outlook Economic Forecast: Quebec—Autumn 2019

The Conference Board of Canada, 32 pages, January 10, 2020
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This quarterly economic forecast for the province of Quebec examines the economic outlook for the province, including gross domestic product (GDP), output by industry and labour market conditions.

This document contains both the French and the English versions of the articles.

Ce document contient à la fois les versions française et anglaise des articles en question.

Document Highlights

  • Quebec is about to mark its third straight year of economic growth above the 2.0 per cent mark.
  • Growth will, however, slow down over the near term due to weaker growth in the labour force.
  • With its economy performing so well over the past few years, Quebec now has one of the lowest unemployment rates in the country.
  • Weaker growth in the U.S. and global economies has restrained export growth this year, but a rebound is expected in 2020.

Faits saillants

  • Le Québec est sur le point d’enregistrer une croissance économique supérieure à 2 % pour la troisième année consécutive.
  • Toutefois, la croissance ralentira à court terme en raison d’une augmentation moindre de la population active.
  • La vigueur économique de ces dernières années vaut au Québec d’afficher à présent un des taux de chômage les plus faibles du pays.
  • Le fléchissement de la croissance américaine et mondiale a limité la croissance des exportations cette année, mais elle devrait s’améliorer en 2020.

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