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 2014
Metropolitan Outlook 2: Economic Insights into 15 Canadian Metropolitan Economies: Winter 2014
Urban City Economic Analysis
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- A contraction in construction output will limit GDP growth in St. John’s to 1.7 per cent this year.
- Moncton’s GDP will grow by 2 per cent in 2014, thanks to recovery in transportation and warehousing.
- Increased energy production at Point Lepreau will fuel economic growth of 1.8 per cent in Saint John this year.
- Saguenay’s GDP will grow by 1.4 per cent in 2014 as a result of modest services growth and a recovering manufacturing sector.
- The closure in late 2012 of the Gentilly-2 reactor will again serve to limit GDP growth in Trois-Rivières, to 0.5 per cent in 2014.
- Stronger growth in manufacturing and the services sector will result in GDP growth of 2 per cent in Sherbrooke in 2014.
- Kingston’s economy will grow by 1.8 per cent in 2014, supported by stronger services industries and manufacturing.
- Strength in manufacturing and in transportation and warehousing will lead to 2.6 per cent GDP growth in Oshawa this year.
- A slightly improving manufacturing sector will help lift St. Catharines–Niagara’s economy by 1.9 per cent in 2014.
- Kitchener–Cambridge–Waterloo’s GDP will grow by 2.9 per cent this year, as construction starts on light-rail transit.
- Stronger manufacturing and business services will help London’s economy expand by 2 per cent in 2014.
- Windsor’s economy will expand by 1.6 per cent this year because of robust construction activity.
- Improvements in the primary and manufacturing sectors will help boost economic growth by 1.6 per cent in Sudbury in 2014.
- Gains in non-residential construction and manufacturing will support GDP growth of 1.5 per cent this year in Thunder Bay.
- Abbotsford–Mission’s GDP will expand by 2.9 per cent in 2014, pulled up in particular by strong primary and utilities output.
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