Demographic Shifts Will Strain the Outlook
Newfoundland and Labrador’s economy has shown resilience this year, even as trade disruptions and tariffs created challenges. However, while employment is projected to expand this year, demographic headwinds will weigh more heavily in the years ahead, which will impact the labour market.
How will new federal immigration targets impact Newfoundland and Labrador’s economy and the labour market over the next few years, and which industries will be most affected? What are our projections for the energy sector beyond oil, which faces notable risks this year due to falling prices? With demographics remaining the most significant challenge to the province’s fiscal outlook, how will new energy opportunities help boost revenues?
Read the issue briefing to get our full analysis.
There are no reviews yet.