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Metropolitan Outlook 1: Economic Insights into 13 Canadian Metropolitan Economies—Autumn 2017 The Conference Board of Canada, 224 pages, October 17, 2017 Report by Alan Arcand , Constantinos Bougas , Henry Diaz , Jane McIntyre , Robin Wiebe

Metropolitan Outlook 1: Economic Insights into 13 Canadian Metropolitan Economies—Autumn 2017

The Conference Board of Canada, 224 pages, October 17, 2017
Report by Alan Arcand , Constantinos Bougas , Henry Diaz , Jane McIntyre , Robin Wiebe

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This publication focuses on the metropolitan economies of Halifax, Quebec City, Montreal, Ottawa-Gatineau, Toronto, Hamilton, Winnipeg, Regina, Saskatoon, Calgary, Edmonton, Vancouver, and Victoria. Document Highlights The impact of the oil price shock on the Alberta economy is subsiding and this is helping to produce nation-leading economic growth of 4.6 per cent in Calgary and 3.9 per cent in Edmonton in 2017, though the pace of expansion will moderate in both metro areas in 2018. Regina and Saskatoon are also benefitting from a gradual rise in commodities prices, helping to fuel respective real GDP gains of 2.9 per cent and 3.6 per cent in 2017. Toronto, Hamilton, Winnipeg, Québec City, Vancouver, and Montréal will all enjoy real GDP growth of 2.9 per cent or more in 2017, led by strong consumer spending that is translating into robust growth in wholesale and retail trade. Ongoing recoveries in public administration output will help Ottawa–Gatineau’s economy expand by 2.5 per cent and Victoria’s expand by 2.4 per cent in 2017. Halifax’s real GDP growth of 1.4 per cent in 2017 will trail that of other major Canadian metropolitan areas because of a contraction in primary and utilities output, due largely to a maturing offshore natural gas sector. Table of Contents Canada Canada (français) Nova Scotia Halifax Quebec Québec City Montréal Québec (français) Ville de Québec (français) Montréal (français) Ontario Ottawa–Gatineau Toronto Hamilton Manitoba Winnipeg Saskatchewan Regina Saskatoon Alberta Calgary Edmonton British Columbia Vancouver Victoria Appendix A—Cross-City Comparison Appendix B—User’s Guide Appendix C—Glossary of Economic Terms Appendix D—Canadian Census Metropolitan Areas

This publication focuses on the metropolitan economies of Halifax, Quebec City, Montreal, Ottawa-Gatineau, Toronto, Hamilton, Winnipeg, Regina, Saskatoon, Calgary, Edmonton, Vancouver, and Victoria.

Document Highlights

The impact of the oil price shock on the Alberta economy is subsiding and this is helping to produce nation-leading economic growth of 4.6 per cent in Calgary and 3.9 per cent in Edmonton in 2017, though the pace of expansion will moderate in both metro areas in 2018.

Regina and Saskatoon are also benefitting from a gradual rise in commodities prices, helping to fuel respective real GDP gains of 2.9 per cent and 3.6 per cent in 2017.

Toronto, Hamilton, Winnipeg, Québec City, Vancouver, and Montréal will all enjoy real GDP growth of 2.9 per cent or more in 2017, led by strong consumer spending that is translating into robust growth in wholesale and retail trade.

Ongoing recoveries in public administration output will help Ottawa–Gatineau’s economy expand by 2.5 per cent and Victoria’s expand by 2.4 per cent in 2017.

Halifax’s real GDP growth of 1.4 per cent in 2017 will trail that of other major Canadian metropolitan areas because of a contraction in primary and utilities output, due largely to a maturing offshore natural gas sector.

Canada

Canada (français)

Nova Scotia

Halifax

Quebec

Québec City
Montréal

Québec (français)

Ville de Québec (français)
Montréal (français)

Ontario

Ottawa–Gatineau
Toronto
Hamilton

Manitoba

Winnipeg

Saskatchewan

Regina
Saskatoon

Alberta

Calgary
Edmonton

British Columbia

Vancouver
Victoria

Appendix A—Cross-City Comparison

Appendix B—User’s Guide

Appendix C—Glossary of Economic Terms

Appendix D—Canadian Census Metropolitan Areas

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