This publication focuses on the metropolitan economies of Halifax, Quebec City, Montreal, Ottawa-Gatineau, Toronto, Hamilton, Winnipeg, Regina, Saskatoon, Calgary, Edmonton, Vancouver, and Victoria.
Metropolitan Outlook 1: Economic Insights into 13 Canadian Metropolitan Economies: Spring 2010
Metropolitan Outlook 1: Economic Insights into 13 Canadian Metropolitan Economies: Spring 2010
Urban City Economic Analysis
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- Stronger consumer confidence and manufacturing output will help Halifax’s real GDP grow 2.5 per cent in 2010.
- Québec City’s economy will grow by 2.5 per cent in 2010 as manufacturing and wholesale and retail trade recover.
- The recovering global economy will help Montréal’s GDP rebound with growth of 2.3 per cent this year.
- Ottawa–Gatineau’s 2.8 per cent GDP growth in 2010 will ease next year as the economy feels the effects of the federal government departmental spending freeze.
- Toronto’s economy will bounce back by 3.7 per cent in 2010 as manufacturing and construction pick up.
- Recoveries in manufacturing and construction will help Hamilton’s real GDP rebound by 3.3 per cent this year.
- Winnipeg’s economic growth will accelerate to 2.2 per cent in 2010 as services sector activity strengthens.
- Better manufacturing and services output growth will help lift Regina’s GDP by 2 per cent this year.
- Saskatoon’s economy will rebound by 2.8 per cent in 2010 as manufacturing and services output strengthen.
- Stronger construction and services activity will help Calgary’s economy rebound by 2.8 per cent in 2010.
- Renewed growth in construction will help real GDP in Edmonton expand by 2.9 per cent this year.
- Vancouver’s GDP will expand by 4 per cent in 2010, partly thanks to the boost from the Winter Olympics.
- Victoria’s economy will grow by 3.2 per cent in 2010, as renewed domestic demand lifts the services sector.
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