Metropolitan Outlook 2B: Economic Insights into 27 Canadian Metropolitan Economies: Winter 2006

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Metropolitan Outlook 2B: Economic Insights into 27 Canadian Metropolitan Economies: Winter 2006

Urban City Economic Analysis

Author: Alan Arcand, Frederic Clavet, Greg Sutherland, Mario Lefebvre

$2,275.00

  • Expected slowdowns in overall services and in residential construction will limit total real GDP growth in Trois-Rivières to 2.5 per cent in 2006.
  • Fuelled by vibrant activity in both the manufacturing and the services sectors, real GDP in Sherbrooke is forecast to grow by 2.7 per cent in 2006.
  • After struggling in 2005, real GDP growth in St. Catharines–Niagara is forecast to improve to 2.6 per cent in 2006.
  • London’s economy, which has been on a roll over the last few years, is expected to grow by another 2.7 per cent in 2006.
  • Thanks to continued bright prospects in the mining sector, economic growth in Greater Sudbury is expected to come in at 1.9 per cent in 2006.
  • Economic growth in Thunder Bay, which was very soft in 2005, will remain modest over the entire forecast period (2006 to 2010).
  • Overall economic activity is forecast to remain sound in Abbotsford, allowing employment to break out of its one-year slump.
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This publication focuses on the metropolitan economies of Trois-Rivières, Sherbrooke, St. Catharines-Niagara, London, Sudbury, Thunder Bay, Saskatoon and Abbotsford.

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