Metropolitan Outlook 1: Economic Insights into 25 Canadian Metropolitan Economies: Winter 2003

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

Document Highlights

Halifax is expected to post another year of solid growth.

Quebec City will see GDP growth of 2.7 per cent in 2003.

Recovery of exports to the United States will boost Montreal’s manufacturing and services sectors.

This year is expected to be one of renewed vigour for Ottawa’s economy.

The momentum gained in Toronto’s economy last year will be sustained in 2003.

Winnipeg continues to have one of the lowest unemployment rates in the country.

The goods sector will drive Regina’s economy in 2003.

Investment in oil and gas and robust domestic demand will sustain growth in Edmonton.

Manufacturing, construction, and consumer spending will underpin 3 per cent growth in Vancouver.

Victoria’s 1.9 per cent GDP gain this year will stem largely from consumer spending.