With inflationary headwinds subsiding and the likelihood of further rate cuts this year, the coming quarters should usher in a gradual recovery of growth for Quebec’s economy, building on an encouraging performance in the first three months of the year.
What is our forecast for GDP growth, and how does an aging population, a decline in population growth, and a reduction of inflows of international migrants factor into this? What is the outlook for business investment? Will stronger exports and an expanded mining sector help narrow the province’s deficit outlook?
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