Metropolitan Outlook 2B: Economic Insights into 25 Canadian Metropolitan Economies: Summer 2002

This publication focuses on the metropolitan economies of Trois-Rivières, Sherbrooke, St. Catharines-Niagara, London, Sudbury, Thunder Bay, and Saskatoon.

Document Highlights 

• The relatively healthy economic outlook for Trois Rivières could offset the city’s weakness in demographics.
• Sherbrooke’s economy will reflect the North American recovery, growing by 4 per cent in 2003.
• The casino project in Niagara Falls will be the main engine of growth in St. Catharines–Niagara in 2002 and 2003.
• With the rebound in the global auto industry, London’s economy is climbing back from recession.
• Sudbury is recovering from losses in the mining sector and will achieve GDP growth of 3.3 per cent in 2003.
• With healthy activity in retail trade and construction, Thunder Bay is expected to post GDP growth of 3 per cent in 2003.
• Saskatoon’s economy will grow by 2.7 per cent in 2002 and remain steady over the forecast period.