Major City Insights: St. Catharines–Niagara—March 2023

St. Catharines Ontario, St. Catharines, Niagara Falls, Ontario, city in ontario, Canadian city

Major City Insights: St. Catharines–Niagara—March 2023

Pages:1 pages10 min read

Author: The Conference Board of Canada


This publication focuses on the St. Catharines–Niagara metropolitan economy.

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This quarter, we look at the impact of higher interest rates and inflation on the St. Catharines–Niagara 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 the St. Catharines–Niagara economy, including output, employment, and population growth.

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