Metropolitan Outlook 1: Economic Insights into 13 Canadian Metropolitan Economies—Winter 2020

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Metropolitan Outlook 1: Economic Insights into 13 Canadian Metropolitan Economies—Winter 2020

Urban City Economic Analysis

Author: Christopher Heschl, Constantinos Bougas, Henry Diaz, Jane McIntyre, Robin Wiebe

$3,215.00

Vancouver will post solid real GDP growth of 2.9 per cent in 2020, followed closely by Victoria, with economic growth of 2.6 per cent.

The addition of new oil pipeline capacity, with the promise of more to come, will support an economic rebound of 2.4 per cent in both Calgary and Edmonton this year.

The economies of Toronto, Halifax, Québec City, Ottawa–Gatineau, Montréal, and Hamilton will expand by between 1.7 and 2.0 per cent in 2020.

Construction sector contractions will limit economic growth to 1.5 per cent in Regina, 1.4 per cent in Saskatoon, and 1.2 per cent in Winnipeg.

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

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