This quarterly economic forecast provides highlights of the Provincial Outlook report, which presents the short-term outlook for Canada’s provinces.
Provincial Outlook Economic Forecast: Summer 2013
Provincial Outlook Economic Forecast: Summer 2013
Provincial Economic Analysis
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- Canada’s economic profile remains uneven: economic growth is much stronger in Saskatchewan, Alberta, and Newfoundland and Labrador than in the other parts of the country.
- Next year, most of the lagging provinces will experience better economic growth that will more closely match the national average.
- Better days are ahead for most provinces as they benefit from a stronger U.S. economy, improving business and consumer confidence, and a firmer domestic economy.
- The public sector will contribute only marginally to growth next year.
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