Growth Stalls: Quebec’s Five-Year Outlook—January 2024

Growth Stalls: Quebec’s Five-Year Outlook—January 2024

Pages:14 pages15 min read

Author: The Conference Board of Canada


This quarterly 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.

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This quarter, we consider the effects of higher interest rates, stifled homebuyer demand, and stalled employment growth on Quebec’s economic outlook.

How will Quebec’s updated immigration targets affect labour force growth? Will demand for the province’s key exports pick up over the outlook? We share our forecast for Quebec’s economy, including gross domestic product and the consumer price index.

Read the issue briefing to get our full analysis.

Key findings
Quebec snapshot
Labour market and households
Business investment outlook
Trade outlook
Government outlook
Population outlook

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