The Territorial Outlook provides the economic and fiscal outlook for each of Canada’s three Northern territories, including output by industry, labour markets, and demographics.
Territorial Outlook: Autumn 2014
Territorial Outlook: Autumn 2014
Business and Household Indicators
Provincial Economic Analysis
$1,125.00
- The territories are still feeling the downturn in commodity prices, as project financing for new mines has been hard to secure.
- The business case for many of the mining projects in the North remains bright. That will lead to the development of new mines over the next five years.
- Total exploration and deposit appraisal spending in the territories has not grown since 2011.
- Public sector projects will help stimulate growth in the construction sector over the next few years in all three territories.
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