This quarter, we look at the effects of population growth, the trend in inflation, and the impact of higher interest rates on New Brunswick’s critical industries and real GDP growth.
We expect New Brunswick’s population to grow by the highest percentage on record, but will this be enough to counter the impact of inflation and higher interest rates on employment and housing demand? What does this mean for production in major industries and provincial economic growth overall? We share our outlook for New Brunswick’s economy, including the construction sector and tourism.
Read the issue briefing to get our full analysis.
New Brunswick snapshot
Construction and investment