Major City Insights

From Pause in 2024 to Propel in 2025

As interest rates loosen their grip and demand picks up, which sectors of local economies are poised for stronger growth? How much will the gradual easing in interest rates help to bolster consumer spending, job gains, and housing markets in cities across Canada? 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 June 7, 2024.

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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

July 23, 2024

Forthcoming

Edmonton

February 8, 2024

Forthcoming

Halifax skyline with Halifax harbour in foreground.

Halifax

February 13, 2024

Forthcoming

Hamilton

July 17, 2024

Forthcoming

buildings in downtown Montréal

Montréal

February 8, 2024

Forthcoming

Ottawa–Gatineau

July 17, 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

July 17, 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

July 17, 2024

Forthcoming

Smelter stack of a nickel plant

Greater Sudbury

May 29, 2024

Forthcoming

Looking up a glass office building

Guelph

June 18, 2024

Forthcoming

Kingston

May 23, 2024

Forthcoming

Aerial view of Downtown Kitchener at Sunset.

Kitchener–Cambridge–Waterloo

May 29, 2024

Forthcoming

Downtown London, Ontario Park

London

May 23, 2024

Forthcoming

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

Moncton

May 15, 2024

Forthcoming

Oshawa

May 15, 2024

Forthcoming

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

St. Catharines–Niagara

June 10, 2024

Forthcoming

Looking up a glass office building

St. John’s

June 18, 2024

Forthcoming

Thunder Bay

June 3, 2024

Forthcoming

Looking up a glass office building

Windsor

June 6, 2024

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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