Metropolitan Outlook 1: Economic Insights into 27 Canadian Metropolitan Economies: Autumn 2005

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Metropolitan Outlook 1: Economic Insights into 27 Canadian Metropolitan Economies: Autumn 2005

Urban City Economic Analysis

Author: Alan Arcand, Frederic Clavet, Greg Sutherland, Mario Lefebvre

$2,275.00

  • A struggling goods sector will limit real economic growth in Halifax to 1.1 per cent in 2005.
  • Sound job gains in 2004 mean consumer spending is propelling GDP growth in Quebec City to 4 per cent this year.
  • There’s a feeling of déjà vu in Montréal, with real GDP set to grow by under 2 per cent for the third straight year.
  • The federal government sector will keep economic growth at bay in Ottawa this year.
  • Hurt by the strong loonie, manufacturing will limit real GDP growth in Toronto to 2.2 per cent in 2005.
  • After two years of solid growth, Hamilton’s economy has cooled in 2005.
  • Sound gains in the services sector will allow Winnipeg’s real GDP to rise by 2.7 per cent this year.
  • The forecast 2 per cent increase in Regina’s real GDP in 2005 is quite a feat after the 6.6 per cent gain in 2004.
  • Saskatoon’s economy is set to grow faster this year than all the 20 CMAs in this Metropolitan Outlook.
  • Solid construction and services sector growth will propel Calgary’s real GDP growth to 4.6 per cent this year.
  • Edmonton’s weak labour market in the first half of the year is limiting overall economic growth to 2 per cent.
  • The primary and manufacturing sectors will lift Vancouver’s real GDP growth to 3.3 per cent this year.
  • After a 6.1 per cent gain last year, Victoria’s economic growth will moderate to a respectable 2.6 per cent in 2005.
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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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