On the Path to Growth Renewal: Manitoba’s Five-Year Outlook—September 2024

On the Path to Growth Renewal: Manitoba’s Five-Year Outlook—September 2024

Provincial
12 min read

Author: Jake Lenarduzzi

$705.00

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

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Economic growth in Manitoba is projected to slow this year, compared to last, but will increase next year and then level off for the remainder of the forecast period. The population has continued to grow, following last year’s surge, mainly due to immigration. The labour force is expected to follow a similar trend. Will employment gains be enough to keep newcomers in the province? What can we expect from the manufacturing sector and exports? Will housing starts increase the stock of affordable housing sufficiently to meet demand? And where will consumer prices be once the tax holiday ends?

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