
Major City Insights
By CBoC Economics Team • Updated: July 9, 2025
Steering through uncertainty
How is heightened economic uncertainty, stemming from evolving U.S. trade policies and geopolitical tension, weighing on consumers and businesses in cities across Canada? Which sectors of local economies are still poised to expand and add jobs this year—and which will lose them? 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 3, 2025.
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