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Manitoba’s Two-Year Outlook—April 2022 The Conference Board of Canada, April 13, 2022 Issue Briefing

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 Overview Labour Markets Consumption and Income Investment Key Sectors Government Finances Methodology

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.

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

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