This publication focuses on the metropolitan economies of St. John’s, Saint John, Saguenay, Trois-Rivières, Sherbrooke, Kingston, Oshawa, St. Catharines–Niagara, Kitchener, London, Windsor, Greater Sudbury, Thunder Bay, and Abbotsford.
Metropolitan Outlook 2: Economic Insights into 14 Canadian Metropolitan Economies: Winter 2010
Metropolitan Outlook 2: Economic Insights into 14 Canadian Metropolitan Economies: Winter 2010
Urban City Economic Analysis
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- A slowdown in services sector growth will limit the economic recovery in St. John’s to 1.4 per cent in 2010.
- As the world economy recovers in 2010, Saint John’s real GDP growth will also improve, reaching 1.9 per cent.
- Renewed growth in manufacturing will help real GDP in the Saguenay area expand by 1.4 per cent this year.
- Trois-Rivières’ economy will grow 2.1 per cent in 2010 as manufacturing and construction activity pick up.
- The recovering global economy will help Sherbrooke’s GDP rebound and post growth of 2.5 per cent this year.
- Strength in the public sector and construction will contribute to Kingston’s GDP growth of 2.5 per cent in 2010.
- Stronger manufacturing and construction output will help push Oshawa’s real GDP up by 3.2 per cent this year.
- Construction and wholesale and retail trade will lead St. Catharines–Niagara’s 2010 GDP growth to 2.4 per cent.
- Improving manufacturing prospects will help restore Kitchener’s GDP growth in 2010 to 3.3 per cent.
- Recoveries in manufacturing and the services sector will help London’s economy expand by 2.5 per cent in 2010.
- Windsor’s GDP will expand 2.6 per cent in 2010 thanks to improving automotive and construction activity.
- Sudbury’s rebound in GDP growth to 2.6 per cent this year hinges on the settlement of the Vale Inco strike.
- Ongoing weakness in the forestry sector will limit Thunder Bay’s GDP growth to 0.8 per cent in 2010.
- Consumer spending, construction, and manufacturing will help lift Abbotsford’s GDP by 3.1 per cent in 2010.
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