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: Winter 2013
Metropolitan Outlook 2: Economic Insights into 15 Canadian Metropolitan Economies: Winter 2013
Urban City Economic Analysis
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- GDP growth in St. John’s will improve to 2.2 per cent in 2013 as sectors tied to offshore oil production pick up.
- Saint John’s economy will grow by 1.7 per cent this year, supported by gains in primary and utilities output.
- Strength in manufacturing and the services sector will lift Moncton’s economy by 2.5 per cent in 2013.
- A contraction in the construction sector will limit Saguenay’s GDP growth to 1.1 per cent this year.
- Closure of the Gentilly-2 nuclear reactor will contribute to a 0.6 per cent dip in GDP in Trois-Rivières this year.
- Manufacturing strength will offset construction weakness in Sherbrooke in 2013, leading to 1.8 per cent GDP growth.
- Lower housing starts and public sector weakness will restrict Kingston’s GDP growth to 1.7 per cent in 2013.
- Oshawa’s economy will expand by 2.6 per cent in 2013, thanks to gains in manufacturing and the services sector.
- GDP will grow 1.4 per cent in St. Catharines–Niagara in 2013 as a drop in construction partly offsets the manufacturing recovery.
- Kitchener–Cambridge–Waterloo’s economy will grow by 2.7 per cent in 2013, boosted by manufacturing gains.
- Strength in manufacturing will help lift London’s economy by 1.9 per cent in 2013.
- Windsor’s GDP growth will accelerate to 2.4 per cent in 2013 thanks to increased construction activity.
- Renewed strength in mining will help boost Sudbury’s overall economy by 1.7 per cent this year.
- Thunder Bay’s GDP will rise 1.8 per cent this year, led by growth in manufacturing and construction.
- Ongoing strength in manufacturing and construction will help Abbotsford–Mission’s GDP grow by 2.7 per cent in 2013.
