Major City Insights: Thunder Bay—October 2025

Sea Lion Rock at Sleeping Giant Provincial Park on the shore of Lake Superior near Thunder Bay, Ontario

Major City Insights: Thunder Bay—October 2025

Urban City Economic Analysis
10 min read

Author: Robin Wiebe

$985.00

This publication focuses on the Thunder Bay metropolitan economy.

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Local economy treads water

This quarter, we assess the extent to which Canada’s trade conflict with the United States and faltering demand for electric vehicles are weighing on consumer confidence and holding back business investment in Thunder Bay.

Which sectors of the city’s economy will feel the worst effects? How much is strength in sectors such as construction providing an offset? We share our outlook for the Thunder Bay economy, including GDP, employment, and population growth.

Read the online experience to get our full analysis.

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