Coming Out of the Fog: Provincial Three-Year Outlook

This quarter, we look at the effect of rising interest rates, along with more region-specific challenges, on the economies of Canada’s provinces.

With higher borrowing costs constraining spending plans, which provinces will be hit hardest by weakening consumer demand? To what extent will strength in the oil and gas sector and in agriculture continue to propel growth in the Prairies? We share our forecast for provincial economies over the next three years, including gross domestic product, jobs, inflation, population growth, and housing markets.

Read the impact paper to get our full analysis.