Metropolitan Outlook 2A: Economic Insights into 25 Canadian Metropolitan Economies: Autumn 2004

This publication focuses on the metropolitan economies of St. John’s, Saint John, Saguenay, Oshawa, Hamilton, Kitchener, and Windsor.

Document Highlights

• Modest growth in offshore oil production and the civil servant strike will limit overall economic growth in St. John’s this year.
• Fuelled by a recovery in the manufacturing sector, Saint John’s economy is expected to rebound this year.
• Following a three-year slide, Saguenay’s manufacturing sector will recover in 2004.
• After three years of vigorous growth, Oshawa’s real GDP is expected to slow sharply in 2004.
• Hamilton’s economy is projected to expand by a solid 2.9 per cent this year, thanks to strong industrial demand for steel.
• Despite a pick-up in manufacturing activity, Kitchener’s economy is expected to eke out growth of just 0.1 per cent this year, limited by a substantial decline in construction output.
• Windsor’s vital manufacturing sector is set to post a decline for the second consecutive year.