Metropolitan Outlook 2A: Economic Insights into 25 Canadian Metropolitan Economies: Spring 2005

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

Document Highlights

• Stronger economic activity this year in St. John’s will boost both employment and retail sales growth.
• Economic growth is expected to accelerate in Saint John in 2005, thanks to the services and manufacturing sectors.
• A struggling manufacturing sector and a decline in construction activity will limit growth in real GDP in Saguenay this year.
• The Oshawa CMA is expected to enjoy the fastest growing metropolitan economy over 2005 to 2009.
• Hamilton’s real GDP growth is expected to slow sharply this year, as manufacturing output drops.
• Kitchener’s economy is expected to bounce back, and be one of the fastest-growing metropolitan economies in 2005.
• Another sub-par year is in the cards for the Windsor economy, particularly in the vital manufacturing sector.