Demographic Troubles and Opportunities in Energy: Newfoundland and Labrador’s Outlook to 2045

Demographic Troubles and Opportunities in Energy: Newfoundland and Labrador’s Outlook to 2045

Provincial
Pages:16 pages10 min read

Author: The Conference Board of Canada

$705.00

This annual economic forecast for the province of Newfoundland and Labrador examines the economic outlook for the province, including gross domestic product (GDP), output by industry, and labour market conditions.

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In this annual report, we explore the impact of challenging demographic factors, changes in energy demand, development, and focus, and prospects for international energy exports on Newfoundland and Labrador’s long-term economic outlook.

With Canada’s commitment to net-zero emissions by 2050, what pressures and what potentials are in the offing for Newfoundland and Labrador, and how will overall output be affected? How will the province’s aging and decreasing population impact government spending and housing, and what will the declining labour supply mean for unemployment and job creation?

Read the issue briefing to get our full analysis.

Key findings
Overview
Demographics
Potential output
Investment
Housing
Government
Trade
Industry
Methodology

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