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 2012
Metropolitan Outlook 2: Economic Insights into 14 Canadian Metropolitan Economies: Winter 2012
Urban City Economic Analysis
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- Maturing offshore oil wells and weaker construction will limit GDP growth in St. John’s to 0.7 per cent in 2012.
- Weaker construction will offset stronger services activity in Saint John in 2012, leading to 1.8 per cent GDP growth.
- Saguenay’s economy will expand by 1.5 per cent this year as services sector growth accelerates.
- Work at the Gentilly-2 nuclear reactor will help boost GDP growth in Trois-Rivières by 2.6 per cent in 2012.
- Stronger manufacturing but weaker construction will lead to 1.8 per cent GDP growth in Sherbrooke in 2012.
- Weakness in construction will limit Kingston’s economic growth to 1.5 per cent in 2012.
- Auto manufacturing will fuel overall economic growth of 2.7 per cent in Oshawa this year.
- A drop in construction output will restrict economic growth in St. Catharines–Niagara to 1.4 per cent in 2012.
- Manufacturing growth will support GDP growth of 2.5 per cent in 2012 in the Kitchener–Cambridge–Waterloo area.
- A contraction in construction output will restrict GDP growth in London to 1.7 per cent in 2012.
- The Windsor–Essex Parkway project will help spur overall economic growth of 2.5 per cent in Windsor in 2012.
- Moderate growth in mining and construction will result in GDP growth of 2 per cent in Greater Sudbury this year.
- Thunder Bay’s GDP will rise 1.7 per cent in 2012, as the struggling manufacturing sector stabilizes.
- Stronger manufacturing activity will help lift economic growth in Abbotsford–Mission to 2.5 per cent in 2012.
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