Major City Insights
By CBoC Economics Team • Updated: August 21, 2024
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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