In this annual report, we provide the long-term economic and fiscal outlook for Nunavut, the Northwest Territories, and Yukon.
With green technology reshaping demand for minerals and renewable energy, to what extent will the territories be able to seize the opportunity to harness their vast mineral endowment? Will growth in non-extractive industries help to improve labour market outcomes for residents and build resilience against mineral price fluctuations? We share our forecast for each of Canada’s three Northern territories, including gross domestic product, labour markets, and demographics.
Read the issue briefing to get our full analysis.