Metropolitan Outlook 1: Economic Insights into 13 Canadian Metropolitan Economies—Winter 2018

The Conference Board of Canada, 226 pages, March 13, 2018
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This publication focuses on the metropolitan economies of Halifax, Québec City, Montréal, Ottawa–Gatineau, Toronto, Hamilton, Winnipeg, Regina, Saskatoon, Calgary, Edmonton, Vancouver, and Victoria.

Document Highlights

After hitting its highest rate in at least 17 years, real GDP growth in Montréal, Toronto, Hamilton, and Winnipeg will ease in 2018 as consumer spending growth slows.

Although economic growth will ease to a more sustainable 2.5 per cent in Calgary and 2.2 per cent in Edmonton this year, these gains will be enough to bring both cities’ GDP to new highs, fully recouping the losses in 2015–16 following the oil price collapse.

The cooling housing market will limit real GDP growth in Vancouver to 2.7 per cent this year, but that will still be the fastest growth of any major Canadian metropolitan area. The slowest will be in Halifax, at 1.7 per cent, because of the contraction in primary and utilities output as production of offshore natural gas winds down.

Québec City, Ottawa–Gatineau, Regina, Saskatoon, and Victoria will all see moderate economic growth of between 2.1 and 2.3 per cent.

Table of Contents


Canada (français)

Nova Scotia

  • Halifax


  • Québec City
  • Montréal

Québec (français)

  • Ville de Québec (français)
  • Montréal (français)


  • Ottawa–Gatineau
  • Toronto
  • Hamilton


  • Winnipeg


  • Regina
  • Saskatoon


  • 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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