Manitoba’s Two-Year Outlook—April 2022

The Conference Board of Canada, April 13, 2022
Issue Briefing
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This quarterly economic forecast for the province of Manitoba examines the economic outlook for the province, including gross domestic product (GDP), output by industry and labour market conditions.

Document Highlights

  • Manitoba’s economy, after a difficult 2021, will expand by 4.0 per cent this year and by another 3.5 per cent in 2023.
  • Employment in the province reached its pre-pandemic level in December of last year and will continue to rise as several industry sectors gain traction.
  • Inflation will continue to make headlines, limiting growth in real consumer spending despite a recovery in tourism-related activities.

Table of Contents

Key Findings
Manitoba Snapshot
Labour Markets
Consumption and Income
Key Sectors
Government Finances

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