This annual economic forecast for the province of Quebec examines the economic outlook for the province, including gross domestic product (GDP), output by industry and labour market conditions.
Provincial Outlook Long-Term Economic Forecast for Quebec: 2015
Provincial Outlook Long-Term Economic Forecast for Quebec: 2015
Provincial Economic Analysis
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- Quebec’s GDP growth will average 1.7 per cent annually over 2014–35.
- By 2035, people aged 65 and over will account for a quarter of Quebec’s population.
- Population aging will affect potential output growth, by lowering labour’s contribution.
- Housing starts will edge down from 36,200 in 2015 to 24,400 by 2035.
- Investment in machinery and equipment will be one of the fastest-growing components of aggregate demand.
