Major City Insights: Guelph—March 2023

Guelph, Guelph downtown, bridge, Canadian city

Major City Insights: Guelph—March 2023

10 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.

With higher borrowing costs and inflation eating away at incomes, which sectors of the local economy will be hit hardest by weakening consumer demand? To what extent will higher interest rates affect the housing market and related industries? We share our outlook for Guelph’s economy, including output, employment, and population growth.

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