This publication focuses on the metropolitan economies of St. John’s, Moncton, Saint John, Saguenay, Trois-Rivières, Sherbrooke, Kingston, Oshawa, St. Catharines–Niagara, Kitchener–Cambridge–Waterloo, Guelph, London, Windsor, Greater Sudbury, Thunder Bay, and Abbotsford–Mission.
Document Highlights
As increased offshore oil production boosts output in the primary and utilities sector in 2019, real GDP in St. John’s will expand by 4.4 per cent—the fastest growth of any major Canadian metropolitan area.
Abbotsford–Mission and Oshawa will post healthy economic growth of 2.5 per cent and 2.2 per cent, respectively, this year, although Oshawa’s economy will then contract by 1.2 per cent next year after its General Motors assembly plant closes.
Guelph, London, Kitchener–Cambridge–Waterloo, Sherbrooke, Moncton, Trois-Rivières, Windsor, Kingston, St. Catharines–Niagara, Greater Sudbury, Saint John, and Saguenay will all see more moderate economic growth of 1.9 per cent or less in 2019.
Cooling growth in manufacturing, construction, and transportation and warehousing will limit Thunder Bay’s real GDP growth to 0.7 per cent in 2019.
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