Major City Insights: Guelph—August 2023

Guelph, Guelph downtown, bridge, Canadian city

Major City Insights: Guelph—August 2023

Pages:1 pages18 min read

Author: The Conference Board of Canada


This publication focuses on the Guelph metropolitan economy.

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This quarter, we look at the impact of higher interest rates and inflation on Guelph’s economy.

To what extent will reduced purchasing power for consumers and higher borrowing costs for businesses slow the city’s economy? Will migration from other countries and other cities in Ontario help to cushion Guelph’s economy from this year’s wider national and global economic slowdowns? We share our outlook for Guelph’s economy, including output, employment, and population growth.

Read the online experience to get our full analysis.

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