This publication focuses on the metropolitan economies of St. John’s, Moncton, 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 15 Canadian Metropolitan Economies: Summer 2015
Metropolitan Outlook 2: Economic Insights into 15 Canadian Metropolitan Economies: Summer 2015
Urban City Economic Analysis
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- Declines in construction and in primary and utilities output will limit growth in the St. John’s economy to 0.5 per cent in 2015.
- Moncton’s real GDP will rise by 3 per cent this year, thanks to healthy gains in the manufacturing and services sectors.
- Recovery in the goods sector will help Saint John’s economy expand by 2.3 per cent this year.
- Saguenay’s GDP will grow by 1.6 per cent in 2015 as stronger services sector growth offsets a contraction in construction.
- The manufacturing recovery and stronger services growth in Trois-Rivières will support GDP growth of 1.1 per cent in 2015.
- Strength in manufacturing and business services will result in economic growth of 2.1 per cent in Sherbrooke this year.
- Kingston’s GDP will grow by 1.1 per cent in 2015 as strength in construction and in transportation and warehousing offsets a weak gain in the public sector.
- Oshawa’s economy will expand by 2.6 per cent in 2015 thanks to robust construction and services activity.
- An improving services sector will help lift St. Catharines–Niagara’s economy by 1.8 per cent this year.
- Work on light-rail transit and manufacturing strength will boost Kitchener–Cambridge–Waterloo’s GDP by 3.4 per cent in 2015.
- Stronger manufacturing and construction output will help London’s economy expand by 2.1 per cent this year.
- Windsor’s GDP will grow by 2 per cent in 2015 as the manufacturing recovery continues and construction stays strong.
- Soft nickel prices and the shelving of the Ring of Fire mining project will limit Greather Sudbury’s GDP growth to 0.7 per cent in 2015.
- Thunder Bay’s GDP will grow by 0.7 per cent in 2015, as activity at the city’s port and stronger construction output will help offset declines in primary and utilities and in the public sector.
- Strength in manufacturing and in primary and utilities will support 3.2 per cent growth in Abbotsford–Mission’s GDP in 2015.
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