Economy Cools as Challenges Remain: Nova Scotia’s Three-Year Outlook—June 2023

cars driving across a bridge to Halifax at night

Economy Cools as Challenges Remain: Nova Scotia’s Three-Year Outlook—June 2023

Provincial
Pages:14 pages20 min read

Author: The Conference Board of Canada

$705.00

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

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With a slowing GDP in Nova Scotia, over the next two years, and inflation continuing to erode people’s purchasing power, what will this mean for business investment and employment over the forecast period? Will tourism make up the difference? And what will a slowing global economy mean for Nova Scotia’s export industries?

Read the issue briefing to get our full analysis.

Key findings
Nova Scotia snapshot
Overview
Labour markets, income, and consumption
Business investment
Housing
Government outlook
Exports
Methodology

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