Bridging Markets and Building for the Future
In this quarterly report, we examine the five-year economic outlook for Manitoba, including gross domestic product (GDP), output by industry, and labour market conditions.
With trade uncertainty continuing to temper business investment and household momentum, what is the outlook for the province’s GDP growth over the forecast period? Can measures like the lower interprovincial trade barriers through Bill 47 and government investment initiatives mitigate the ongoing dampening effects of the reinstated fuel tax and the pass-through of tariffs to the consumer? What effect have this year’s wildfires had on overall GDP, and how will interprovincial migration patterns affect the labour market and housing starts? We share our forecast for Manitoba’s economy, including GDP and labour market dynamics.
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