Metropolitan Outlook 1: Economic Insights into 25 Canadian Metropolitan Economies: Spring 2002

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

Document Highlights 

• The Halifax economy is making a gradual recovery from its 2001 slowdown.
• Quebec City’s GDP will recover in 2003 after slowing to 1.9 per cent this year.
• Montreal will benefit from the new provincial public works program.
• In the medium term, Ottawa-Gatineau will retrieve some of its lost momentum.
• With its diverse economy, Toronto is weathering the hard economic times.
• With the recovery of the goods sector in 2003, Winnipeg’s economy will forge ahead.
• Regina will experience stronger growth in 2003 as the outlook for agriculture improves.
• Thanks to strong consumer spending, Calgary is expecting good GDP growth in 2003.
• Edmonton’s economy remains one of the strongest in the country.
• Vancouver is experiencing a slow recovery from a string of misfortunes in 2001.
• The high-tech and film industries will help to rescue Victoria from its doldrums.