Turning Point Ahead: Provincial Five-Year Outlook—June 2024

Turning Point Ahead: Provincial Five-Year Outlook—June 2024

Provincial
20 min read

Author: Jake Lenarduzzi, Liam Daly, Maxime Arseneau, Meghan Eibner, Richard Forbes, Shane Brimacombe, Ted Mallett, Viktor Cicman

$2,450.00

This quarterly economic forecast presents the short-term outlook for Canada’s provinces.

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This quarter, we assess when rate reductions will finally begin to unblock investment and spending flows in provinces across Canada.

Where will rate cuts be enough to reverse the recent upward drift in the unemployment rate? How much will new pipeline capacity from Alberta and renewed offshore oil production from Newfoundland and Labrador help to propel economic growth in these provinces? We share our forecast for provincial economies over the next five years, including gross domestic product, jobs, inflation, population growth, and housing markets.

Read the online experience to get our full analysis.

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