Metropolitan Outlook 1: Economic Insights into 13 Canadian Metropolitan Economies—Spring 2019

This publication focuses on the metropolitan economies of Halifax, Quebec City, Montreal, Ottawa–Gatineau, Toronto, Hamilton, Winnipeg, Regina, Saskatoon, Calgary, Edmonton, Vancouver, and Victoria.

Document Highlights

Toronto’s economic growth of 2.4 per cent will be enough to lead that of the major metropolitan areas in Canada in 2019, followed closely by Vancouver, Regina, and Saskatoon, all with real GDP growth of 2.3 per cent.

Victoria, Halifax, and Montréal will all manage real GDP growth of 2.0 per cent this year.

Winnipeg, Hamilton, Québec City, and Ottawa–Gatineau will post economic growth of under 2 per cent in 2019, partly as a result of the nation-wide slowdown in household spending.

Ongoing weakness in the energy sector will limit economic growth to 1.5 per cent in Calgary and 1.3 per cent in Edmonton this year.