Newfoundland and Labrador’s Five-Year Outlook—March 2025

Newfoundland and Labrador’s Five-Year Outlook—March 2025

Provincial Economic Analysis
17 min read

Author: The Conference Board of Canada

$705.00

This quarterly economic forecast for Newfoundland and Labrador examines the province’s economic outlook, including GDP, population growth, housing, consumer spending, investment by industry, labour market conditions, and exports. 

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This quarterly economic forecast for Newfoundland and Labrador examines the province’s economic outlook, including GDP, population growth, housing, consumer spending, investment by industry, labour market conditions, and exports.

While the economy of Newfoundland and Labrador has somewhat improved lately, there are headwinds that could turn the trend downward after 2025. How will migration and trends in the labour market be affected by government policies? What is the impact on consumption of changing demographics? How is the province managing housing needs? What investments are being made in resources, both renewable and non-renewable?

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