Provincial Outlook Economic Forecast: Summer 2010

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Provincial Outlook Economic Forecast: Summer 2010

Provincial Economic Analysis

Author: The Conference Board of Canada

$2,050.00

  • The domestic economy in Ontario and Quebec has taken off strongly; prospects are very bright for Central Canada this year. The economic outlook is more tempered in 2011.
  • Nova Scotia, New Brunswick, and Manitoba will advance at a moderate pace over the near term.
  • Newfoundland and Labrador is firing on all cylinders; sturdy non-residential investment is fuelling strong growth over 2010–11.
  • Economic gains in Saskatchewan this year will be restrained by a very weak outcome in the agriculture sector.
  • British Columbia is forecast to perform well in 2010, but growth will moderate next year as the public infrastructure stimulus and the Winter Olympics effect are not influential factors anymore.
  • As the energy sector expands, Alberta will benefit from solid and steady growth over the next two years.
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This quarterly economic forecast provides highlights of the Provincial Outlook report, which presents the short-term outlook for Canada’s provinces.

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