New Brunswick’s Five-Year Outlook—April 2025

New Brunswick’s Five-Year Outlook—April 2025

Provincial Economic Analysis
15 min read

Author: The Conference Board of Canada

$705.00

This quarterly economic forecast for the province of New Brunswick examines the economic outlook for the province, including gross domestic product (GDP), output by industry, and labour market conditions.

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In 2025, New Brunswick’s economy is poised to maintain the steady growth it has seen over the past three years. However, its record-breaking population growth is expected to slow in 2025. Do we see this occurring in the natural rate of population growth or in outmigration or slowing in-migration? What are the implications for the labour market, the housing market, and consumer spending over the forecast period? What sectors will drive the economy?

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