Major City Insights

Growth Falters but Pickup Ahead

How are higher interest rates weighing on spending behaviour, employment growth, and housing markets in cities across Canada? Despite this pressure, which sectors of local economies keep adding jobs? We share our urban economic outlook, including local GDP, employment, and population growth.

This edition of our Major City Insights provides new forecasts for economic growth in 13 major Canadian cities. The forecasts were completed December 20, 2023.

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City Forecasts

4-min read/city

Access the research by clicking the city names’ below.

Calgary, Calgary at night, city, cityscape, Alberta

Calgary

February 8, 2024

Forthcoming

Edmonton

February 8, 2024

Forthcoming

Halifax skyline with Halifax harbour in foreground.

Halifax

February 13, 2024

Forthcoming

Burlington Canal Lift Bridge and Queen Elizabeth Way QEW Highway, Ontario, Canada

Hamilton

February 13, 2024

Forthcoming

buildings in downtown Montréal

Montréal

February 8, 2024

Forthcoming

Ottawa skyline at night

Ottawa–Gatineau

February 20, 2024

Forthcoming

People walking on Dufferin terrace at dusk, close to Château Frontenac hotel, Quebec City, Quebec

Québec City

February 22, 2024

Forthcoming

regina, regina canada, regina downtown, city in canada

Regina

February 22, 2024

Forthcoming

Saskatoon, Saskatoon at night, city, city at night, Canadian city

Saskatoon

February 12, 2024

Forthcoming

Toronto

February 12, 2024

Forthcoming

Condo towers near a marina in Vancouver

Vancouver

February 22, 2024

Forthcoming

Victoria, Victoria British Columbia, BC, Fisherman's Warf

Victoria

February 20, 2024

Forthcoming

winnipeg, winnipeg downtown, cityscape, city, winnipeg manitoba, manitoba

Winnipeg

February 12, 2024

Forthcoming

Smelter stack of a nickel plant

Greater Sudbury

November 28, 2023

Forthcoming

Looking up a glass office building

Guelph

December 5, 2023

Forthcoming

Kingston

November 20, 2023

Forthcoming

Aerial view of Downtown Kitchener at Sunset.

Kitchener–Cambridge–Waterloo

November 20, 2023

Forthcoming

Downtown London, Ontario Park

London

November 30, 2023

Forthcoming

Moncton, Moncton New Brunswick, Moncton downtown, city in Canada

Moncton

November 28, 2023

Forthcoming

Oshawa

November 28, 2023

Forthcoming

St. Catharines Ontario, St. Catharines, Niagara Falls, Ontario, city in ontario, Canadian city

St. Catharines–Niagara

December 5, 2023

Forthcoming

Looking up a glass office building

St. John’s

November 20, 2023

Forthcoming

Thunder Bay

November 23, 2023

Forthcoming

Looking up a glass office building

Windsor

December 5, 2023

Forthcoming

Calgary, Calgary at night, city, cityscape, Alberta

Calgary

November 8, 2023

Forthcoming

Edmonton

November 9, 2023

Forthcoming

Halifax skyline with Halifax harbour in foreground.

Halifax

November 9, 2023

Forthcoming

Burlington Canal Lift Bridge and Queen Elizabeth Way QEW Highway, Ontario, Canada

Hamilton

November 15, 2023

Forthcoming

buildings in downtown Montréal

Montréal

November 23, 2023

Forthcoming

Ottawa skyline at night

Ottawa–Gatineau

November 28, 2023

Forthcoming

People walking on Dufferin terrace at dusk, close to Château Frontenac hotel, Quebec City, Quebec

Québec City

November 9, 2023

Forthcoming

regina, regina canada, regina downtown, city in canada

Regina

November 6, 2023

Forthcoming

Saskatoon, Saskatoon at night, city, city at night, Canadian city

Saskatoon

November 2, 2023

Forthcoming

Toronto

November 6, 2023

Forthcoming

Condo towers near a marina in Vancouver

Vancouver

November 20, 2023

Forthcoming

Victoria, Victoria British Columbia, BC, Fisherman's Warf

Victoria

November 9, 2023

Forthcoming

winnipeg, winnipeg downtown, cityscape, city, winnipeg manitoba, manitoba

Winnipeg

November 2, 2023

Forthcoming

Authors

Economist

Principal Economist

Image Unavailabe

Economist

Economist

Lead Economist

Image Unavailabe

Principal Economist

Senior Economist

Robin Wiebe

Lead Economist

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