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: Winter 2016
Territorial Outlook: Winter 2016
Business and Household Indicators
Provincial Economic Analysis
$1,165.00
- All three territories faced difficult economic conditions in 2015, and the struggles are not over—the mining sector will continue to face headwinds over the near term.
- Nunavut and Yukon’s economy will benefit from public investment in much-needed infrastructure, such as roads and airports, hospital renovations, and community facilities. That will help the territories to return to economic growth in 2016.
- In the medium and long terms, resource development is expected to pick up as additional mines come online at the end of this decade and in the 2020s.
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