This quarterly economic forecast for the province of Newfoundland and Labrador examines the economic outlook for the province, including gross domestic product (GDP), output by industry and labour market conditions.
Provincial Outlook Economic Forecast for Newfoundland and Labrador: Spring 2013
Provincial Outlook Economic Forecast for Newfoundland and Labrador: Spring 2013
Provincial Economic Analysis
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- A bounce-back in oil production will help the province post the highest GDP growth rate in Canada this year and next.
- A new budget that stresses fiscal discipline will limit growth in the public services.
- Investment in the natural resource sector will continue to come in at record levels.
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