Robust Demographics Smoothing the Challenges Ahead: Manitoba’s Outlook to 2045

This annual economic forecast for the province of Manitoba examines the economic outlook for the province, including gross domestic product (GDP), output by industry and labour market conditions.

Document Highlights

Real GDP will grow at a faster pace than the national average.

With the second-youngest population, the Manitoba economy will be among the provinces feeling the impacts of aging the least.

The negative effects of the pandemic on public finances have interrupted the province’s work toward balancing its budget and could weigh over the long term.