Edmonton s Economic Outlook
|
|
- Owen Williamson
- 5 years ago
- Views:
Transcription
1 Edmonton s Economic Outlook <Details> December 6, 2018 John Rose Chief Economist Financial and Corporate Services
2 Agenda The Context Regional & Local Current Indicators Long-Term Outlook Edmonton, the Region and Alberta Risks to the Outlook 2
3 Unemployment rate moving lower Recent run-up in Edmonton s unemployment rate was driven largely by labour force growth. A recent shift away from part-time job gains will support consumer spending over the next 12 to 18 months. Unemployment in the Edmonton region will drift down slowly over the balance of Unemployment Rate % 3 Month Moving Average Canada Alberta Calgary Edmonton Source: Statistics Canada, Table
4 Employment and Unemployment Rate Edmonton CMA,000s % Employment (left axis) Unemployment Rate (right axis) Source: Statistics Canada, Table
5 Change in Employment October 2017 to October 2018 Three-month moving average Job Gains Job Losses Alberta (49,700) Public Administration 10,100 Logistics -5,500 Health Care 7,800 Agriculture -4,300 Educational Services 7,200 FIRE -3,700 Information, Culture and Recreation 6,800 Accommodation and Food Services Edmonton CMA (27,400) -2,800 Public Administration 20,000 Logistics -11,600 Business, Building and Other Support Services 9,100 Other services -10,800 Construction 6,400 Utilities -3,800 Educational Services 5,600 Agriculture -1,500 Source: Statistics Canada, Tables and Financial Strategies and Budget Financial and Corporate Services Alberta s
6 Consumer inflation to gradually ease The region s year-over-year inflation rate slowed sharply in 2016 and then began to accelerate Energy prices have been a key driver of inflation with natural gas, electricity and gasoline highly volatile Forecast is for inflation to remain slightly above 2.5% then gradually move back to the 2% range for 2019 Higher inflation will erode real incomes for Edmonton residents as average weekly wages rising at a rate slightly below CPI Year-over-Year % Change in CPI Canada Alberta Edmonton Source: Statistics Canada, Table
7 Housing Starts City of Edmonton Units 5,000 4,500 4,000 3,500 3,000 2,500 2,000 1,500 1, Singles Multiples One-Year Moving Average (Total) Source: Canada Mortgage and Housing Corporation 7
8 Non-Residential Investment Edmonton CMA $, millions 1,200 1, Source: Statistics Canada Industrial Commercial Government
9 Value of Building Permits Edmonton CMA $, millions 1,800 1,600 1,400 1,200 1, Residential Non-residential 1 Year Moving-Average Source: Statistics Canada, Table
10 Moderate growth in the longer term Real GDP Growth, % The City of Edmonton experienced a sharp slow down in 2015 and City and region made a clear recovery to faster growth in 2017, along with the province Continuing in-migration will allow the City and the region to grow more rapidly than Alberta and Canada in the final years of the outlook. Edmonton CMA City of Edmonton Source: City of Edmonton, Stokes Economics 10
11 Putting future growth into perspective $ (,000s) 80 City of Edmonton Real GDP per capita City of Edmonton: $67,302 Alberta: $74,687 Canada: $50, Source: City of Edmonton, Stokes Economics, Conference Board of Canada; 2007 dollars 11
12 Edmonton s Demographic Advantage Average Age Canada 41.0 Alberta 37.8 City of Edmonton 37.7 Source: Statistics Canada 12
13 Risks to the Edmonton Outlook Oil prices fall through late 2018 and into 2019 causing a severe slump in energy investment and provincial government spending. Consumer confidence falters with concerns growing over debt, rising interest rates, and inflation. Conclusion of a number of major construction projects in the Edmonton region leads to further contraction in the building sector. Stricter controls on carbon emissions and opposition to energy investments constrain longer term growth in the energy sector. Growing international trade conflicts limit global growth and depress commodity prices as well as reduced exports of manufactured goods and professional services. 13
14 Subscribe for monthly updates on Edmonton s economy edmonton.ca/economicnews Upcoming events ESNA.CA 14
15 Thank you! <Details> John Rose Chief Economist Financial and Corporate Services
Regulatory Announcement RNS Number: RNS to insert number here Québec 27 November, 2017
ISSN 1718-836 Regulatory Announcement RNS Number: RNS to insert number here Québec 27 November, 2017 Re: Québec Excerpts from The Quebec Economic Plan November 2017 Update, Québec Public Accounts 2016-2017
More informationHousing Bulletin Monthly Report
March 211 1 Housing Bulletin Monthly Report Alberta s preliminary housing starts increased month-over-month in February 211 Canada Housing Starts 25, 2, 15, 1, 5, FEB 9 MAR 9 Preliminary Housing Starts
More informationProvincial Economic Overview
Provincial Economic Overview Economic conditions were robust in the province in 2011. Strong growth was recorded in GDP and most other economic indicators posted solid gains. In fact, among provinces Newfoundland
More informationEconomic Outlook
2018 2019 Economic Outlook Published by: Department of Finance Province of New Brunswick P.O. Box 6000 Fredericton, New Brunswick E3B 5H1 Canada Internet: www.gnb.ca/finance Tuesday, January 30, 2018 Cover:
More informationPreliminary Investment Trends Report
Preliminary Investment Trends Report ALBERTA: 215 224 Proposed and ongoing oil sands, pipeline, storage terminals, electric power facilities and transmission projects continue to push Alberta s construction
More informationKey Stats. Second highest small business concentration of major cities in Canada. - Statistics Canada, 2016
business 41 Key Stats Second highest small business concentration of major cities in Canada. - Statistics Canada, 2016 Among the lowest business bankruptcy rates per capita of major cities in Canada. -
More informationThe Peterborough Census Metropolitan Area (CMA) spans the city of Peterborough and six other jurisdictions. The area is
PETERBOROUGH CENSUS METROPOLITAN AREA Presented by the Credit Unions of Ontario and the Ontario Chamber of Commerce 1 Peterborough s housing market saw a banner year in 2015. The Peterborough Census Metropolitan
More informationPreliminary Investment Trends Report
Preliminary Investment Trends Report QUEBEC: Construction investment in Quebec picks up over the medium term driven by infrastructure, mining and pipeline projects. Following a decline in, residential
More informationMANITOBA. 2016/17 Third Quarter Report. Honourable Cameron Friesen Minister of Finance
MANITOBA 2016/17 Third Quarter Report Honourable Cameron Friesen Minister of Finance SUMMARY Budget 2016 provided the financial overview of the Government Reporting Entity (GRE), which includes core government,
More information2014 Annual Review & Outlook
2014 Annual Review & Outlook As we enter 2014, the current economic expansion is 4.5 years in duration, roughly the average life of U.S. economic expansions. There is every reason to believe it will continue,
More informationin the province due to differences in their economic makeup or base. External macro factors play an
Summary dependent on mining and resources but face a weak outlook for metal Ontario s economic performance markets, where growth will remain is not shared equally in all regions low and possibly negative.
More informationLETTER. economic. The price of oil and prices at the pump: why the difference? NOVEMBER bdc.ca
economic LETTER NOVEMBER 211 The price of oil and prices at the pump: why the difference? Since the end of April the price of crude oil based on the West Texas Intermediate (WTI) benchmark has dropped
More informationReimagine Calgary. May 25, Calgary Economic Development s collaborative energy makes us a conduit, connector and catalyst Calgary.
Reimagine Calgary May 25, 2017 Calgary Economic Development s collaborative energy makes us a conduit, connector and catalyst Calgary. 1 Table of Contents 01 Setting the stage 02 Trends 03 Our Response
More informationEconomic and Fiscal Update
2015 Economic and Fiscal Update Current Global Economic Environment The global economy has yet to achieve robust and synchronized growth a full six years after emerging from the deepest post-war recession
More informationHOUSING MARKET OUTLOOK Canada Edition
Housing Market Information HOUSING MARKET OUTLOOK Canada Edition Date Released: Fourth Quarter 2015 Housing starts will decline modestly in 2016 and 2017 Overview 1 This report provides a revised outlook
More informationWorkforce Attraction
labour market 59 Workforce Attraction Ranking of 150 global cities Calgary ranked in the global Top 10 Most Attractive Cities for Workers Financial (salary levels, living costs, taxes) + Lifestyle (quality
More information2008 ANNUAL ALBERTA LABOUR MARKET REVIEW
ANNUAL ALBERTA LABOUR MARKET REVIEW employment unemployment economic regions migration aboriginal people industries occupations education demographics Employment and Immigration EMPLOYMENT Employment increased
More informationEconomic Outlook
2013-2014 Economic Outlook Published by: Department of Finance Province of New Brunswick P.O. Box 6000 Fredericton, New Brunswick E3B 5H1 Canada Internet: www.gnb.ca/0024/index-e.asp March 26, 2013 Cover:
More informationLETTER. economic COULD INTEREST RATES HEAD UP IN 2015? JANUARY Canada. United States. Interest rates. Oil price. Canadian dollar.
economic LETTER JANUARY 215 COULD INTEREST RATES HEAD UP IN 215? For six years now, that is, since the financial crisis that shook the world in 28, Canadian interest rates have stayed low. The key interest
More informationOntario Economic Accounts
SECOND QUARTER OF 2017 April, May, June Ontario Economic Accounts ONTARIO MINISTRY OF FINANCE Table of Contents ECONOMIC ACCOUNTS Highlights 1 Ontario s Economy Continues to Grow Expenditure Details 2
More informationMonthly Labour Force Survey Statistics November 2018
800 Monthly Labour Force Survey Statistics CALGARY CMA Table 282-0135 Labour force survey estimates (LFS), by census metropolitan area based on 2011 census boundaries, 3-month moving average, seasonally
More informationMonthly Labour Force Survey Statistics December 2018
800 Monthly Labour Force Survey Statistics CALGARY CMA Table 282-0135 Labour force survey estimates (LFS), by census metropolitan area based on 2011 census boundaries, 3-month moving average, seasonally
More informationOntario Economic Overview: International and National Context and Fiscal Implications
Ontario Economic Overview: International and National Context and Fiscal Implications Livio Di Matteo, Economics, Lakehead University Presentation for OCSBOA/OCSTA Seminar, Valhalla Inn, Thunder Bay, April
More informationProvince of Manitoba. Economic Update
Province of Manitoba Economic Update Manitoba Finance: July 2018 1 Topics for Today Overview of the Manitoba Economy Recent Economic Performance Economic Indicators Population Labour Market Manufacturing
More informationVOLUME 2. calgary.ca/economy call Calgary and Region Economic Outlook Q3 2010
A Q3 21 VOLUME 2 Calgary and Region Economic Outlook 21-22 calgary.ca/economy call 3-1-1 Calgary and Region Economic Outlook 21-22 Q3 21 Introduction i Introduction The City of Calgary monitors the local
More informationNew Zealand Economic Outlook. 21/22 March 2018
New Zealand Economic Outlook 21/22 March 218 Economic Outlook Overview % GDP Growth (aapc) 1 8 6 4 2-2 Real GDP Nominal GDP The economic outlook for New Zealand remains positive. Growth continues to be
More informationIT S INEVITABLE: MORTGAGE TIGHTENING MEASURES WILL SLOW QUÉBEC S RESALE MARKET IN 2017
IT S INEVITABLE: MORTGAGE TIGHTENING MEASURES WILL SLOW QUÉBEC S RESALE MARKET IN 2017 A favourable economic environment, but marked with uncertainty While economic growth is expected to accelerate this
More informationCommitted to a better Canada:
Committed to a better Canada: The Bank of Canada s role in challenging economic times Remarks to the Thunder Bay Chamber of Commerce Thunder Bay, Ontario 8 September 2016 Timothy Lane Deputy Governor Bank
More informationThe Icelandic Economy
The Icelandic Economy Spring 2006 Macroeconomic forecast 2006 2010 Summary edition on April 25th 2006 M inistry of Finance The Icelandic Economy Spring 2006 25 April, 2006 This issue is published on the
More informationOctober 2016 Aboriginal Population Off-Reserve Package
Labour Force Statistics Aboriginal Population Off-Reserve Package Package Includes: - Information for all Aboriginal people, First Nations and Métis - Working age population, labour force, employment,
More informationAugust 2015 Aboriginal Population Off-Reserve Package
Labour Force Statistics Aboriginal Population Off-Reserve Package Package Includes: - Information for all Aboriginal people, First Nations and Métis - Working age population, labour force, employment,
More informationManitoba Bureau of Statistics. Review. The 2015
Manitoba Bureau of Statistics Review The 2015 TABLE OF CONTENTS Page Executive Summary 1 Population 9 Labour Market 15 Social Indicators 31 The Manitoba Economy 45 Manitoba 2016 Economic Indicators 67
More informationDecember 2017 Alberta Indigenous People Living Off-Reserve Package
Labour Force Statistics Alberta Indigenous People Living Off-Reserve Package Package Includes: - Information for all Indigenous people, First Nations and Métis - Working age population, labour force, employment,
More informationJanuary 2018 Alberta Indigenous People Living Off-Reserve Package
Labour Force Statistics Alberta Indigenous People Living Off-Reserve Package Package Includes: - Information for all Indigenous people, First Nations and Métis - Working age population, labour force, employment,
More informationApril 2017 Alberta Indigenous People Living Off-Reserve Package
Labour Force Statistics Alberta Indigenous People Living Off-Reserve Package Package Includes: - Information for all Indigenous people, First Nations and Métis - Working age population, labour force, employment,
More informationNovember 2017 Alberta Indigenous People Living Off-Reserve Package
Labour Force Statistics Alberta Indigenous People Living Off-Reserve Package Package Includes: - Information for all Indigenous people, First Nations and Métis - Working age population, labour force, employment,
More informationMid Year Economic Update
Mid Year Economic Update 1 Key Economic Assumptions* -6 6-7 7-8 8-9 Fiscal Year Assumptions Actual Actual Actual Budget Update Prices Crude Oil Price WTI (US$/bbl) 9.97 6.89 8. 78. 119. Alberta Wellhead
More informationGreater Sudbury. Presented by the Credit Unions of Ontario, the Ontario Chamber of Commerce, and the Greater Sudbury Chamber of Commerce.
2015 Economic Outlook Greater Sudbury Presented by the Credit Unions of Ontario, the Ontario Chamber of Commerce, and the Greater Sudbury Chamber of Commerce. 1 The unemployment rate in the Greater Sudbury
More informationThis report is based on information available to July 20, Background data used in this report are available upon request.
Fall 2017 About this Document Established by the Financial Accountability Officer Act, 2013, the Financial Accountability Office (FAO) provides independent analysis on the state of the Province s finances,
More informationSome provinces now face the downside of tight labour markets
PROVINCIAL OUTLOOK September 12, 218 Some provinces now face the downside of tight labour markets When it comes to the labour market, things haven t been any better for a generation in Canada. This is
More informationHOUSING MARKET OUTLOOK Calgary CMA
H o u s i n g M a r k e t I n f o r m a t i o n HOUSING MARKET OUTLOOK Calgary CMA C a n a d a M o r t g a g e a n d H o u s i n g C o r p o r a t i o n Date Released: Spring 2013 Table of Contents NEW
More informationIMBA CONFERENCE April 2011
Economic & Real Estate Outlook IMBA CONFERENCE April 2011 TED TSIAKOPOULOS Regional Economist CMHC ttsiakop@cmhc.ca Housing market intelligence you can count on AGENDA Key Insights for 2011/12 Housing
More informationProvince of Alberta Fort McMurray Investor Meetings
Province of Alberta Fort McMurray Investor Meetings September, 217 Catherine Rothrock Chief Economist & Executive Director, Treasury Board and Finance and Tim Pierce Director Financing Capital Markets,
More informationMonthly Economic Monitor July 2014
Monthly Economic Monitor July 2014 Population 2011 2006 Windsor-Essex 388,782 393,402 Source: Statistics Canada, 2011 Census Unemployment Rates Windsor CMA (%) June 2014 May 2014 June 2013 Windsor CMA
More informationSummary and Economic Outlook
Pentti Vartia Managing director Pasi Sorjonen Head of forecasting group 1.1 Summary The world economy started to recover rapidly at the start of the year. Despite this rebound in activity, near-term growth
More informationLook to both coasts for the fastest growth in 2019
Look to both coasts for the fastest growth in 2019 PROVINCIAL OUTLOOK March 2019 Canada s economy ended 2018 on a weak note, posting the slowest quarterly growth rate since mid-2016 and providing a soft
More informationFirst Quarter Finances
2018 19 First Quarter Finances Contents A. 2018 19 Fiscal Outlook... 3 B. Ontario s Economic Outlook... 6 C. Economic Performance... 7 D. Details of Ontario s Finances... 8 E. Ontario s 2018 19 Borrowing
More informationRegional Economic Outlook
2015 Regional Economic Outlook Muskoka-Kawarthas Presented by the Credit Unions of Ontario and the Ontario Chamber of Commerce 1 The region s unemployment rate is expected to fall steadily over the next
More informationMonthly Economic Monitor February 2013
Page1 Monthly Economic Monitor February 2013 Population 2011 2006 Windsor-Essex 388,782 393,402 Source: Statistics Canada, 2011 Census Unemployment Rates Windsor CMA (%) January 2013 December 2012 January
More informationLong-term. Unemployment to 5.1% to $55,096. BC Check-Up BC s employment opportunities were abundant. BC s quality of life deteriorated
Check-Up 2018 EMPLOYMENT OPPORTUNITIES LOUR PRODUCTIVITY QUALITY OF LIFE INVESTMENT CLIMATE s employment opportunities were abundant 87,300 jobs to 2.5 million are service sector positions Unemployment
More informationAlberta s Economic Prospects and Regional Impacts. Presentation to PREDA REDA January 28, 2011
Alberta s Economic Prospects and Regional Impacts Presentation to PREDA REDA January 28, 2011 Is World Economy s Recovery Sustainable? Uneven global recovery, with widespread financial and fiscal turbulence
More informationMUFG LATIN AMERICA TOPICS
MUFG LATIN AMERICA TOPICS Colombia s Macroeconomic Performance: Q3 17 GDP and Current Monthly Indicators MUFG UNION BANK, N.A. ECONOMIC RESEARCH (NEW YORK) KAREN MARTINEZ Latin America Economist +1(1)78-78
More informationProvincial and National Employment, Alberta and Canada Employment Rates 1, % 62.7% 62.7% 63.0% 63.5%
Employment ALBERTA S HOT ECONOMY CONTINUES TO PRODUCE HIGH EMPLOYMENT GROWTH IN 2007 The number of employed Albertans in 2007 increased by 88,775, higher than the 2006 growth of 86,240. The economy also
More informationIndustry Trends Watch
Costing Trends - Alberta Asphalt Cement (Edmonton Rack $C/t) The Edmonton rack price for asphalt cement averaged $730 per tonne in May, compared with $655 in April. In May of last year, the rack price
More informationIndustry Profiles Public Administration Industry
Industry Profiles 2016 Public Administration Industry OVERVIEW The Public Administration industry 1 in Alberta includes federal, provincial and local government services such as: defence services; police,
More informationFact Sheet Calgary Wealth
Fact Sheet Calgary Wealth CALGARY CENSUS METROPOLITAN AREA (CMA) 2017 EDITION RESEARCH & STRATEGY PUBLISHED: FEBRUARY 2018 From personal income to investments, Calgary is Canada s leader in earnings and
More informationProvince, regions and longer term outlook
Province, regions and longer term outlook HOUSING OUTLOOK CONFERENCE QUÉBEC Kevin Hughes Regional Economist November 18, 214 Housing market intelligence you can count on OUTLINE Housing market intelligence
More informationIndustry Trends Watch
Costing Trends - Alberta Asphalt Cement (Edmonton Rack $C/t) According to local industry sources, the Edmonton rack price for asphalt cement remained unchanged mo/mo in February at $565 per tonne. Expect
More informationGross Domestic Product
Gross Domestic Product Following growth of 2.6 per cent in 2010, the Conference Board of Canada forecasts GDP growth of 1.5 per cent for 2011 and 1.4 per cent for 2012 for Prince Edward Island. Sources:
More informationNew Zealand Economic Outlook. Miles Workman June 2017
New Zealand Economic Outlook Miles Workman June 17 1 Economic Outlook Overview The New Zealand economy is forecast to expand at a solid pace over the next five years With real GDP growth around 3% in 17:
More informationWhat s Hot & What s Not
What s Hot & What s Not Warren Jestin SVP & Chief Economist Vancouver Real Estate Forum April 25, 27 The Economic Landscape is Shifting Global Growth Moves East 11 1 9 8 7 6 5 4 3 2 1 annual average %
More informationQuarterly Economic Monitor
Overview of Quarterly Economic Monitor December 214 Queenstown s economy boomed during 214, with ' provisional estimate of GDP showing that the Queenstown-Lakes District economy grew by 4.5% over the year
More informationHer Majesty the Queen in Right of Canada (2018) All rights reserved
0 Her Majesty the Queen in Right of Canada (2018) All rights reserved All requests for permission to reproduce this document or any part thereof shall be addressed to the Department of Finance Canada.
More informationCANADIAN HOUSING FORECAST. Opposing forces to keep Canada s housing market afloat in 2015 but downside risks mount.
CANADIAN HOUSING FORECAST January 15, 2015 Opposing forces to keep Canada s housing market afloat in 2015 but downside risks mount Home resales: Canada Thousands of units 550 500 450 400 350 300 250 200
More informationHalifax Economic Report
Halifax Economic Report OCTOBER 216 J.K. MacAdam Economist and Project Development Specialist Highlights 216 continues to be a strong year for Halifax, driven by growth in shipbuilding, construction projects,
More information9 November 2018 AUSTRALIAN ECONOMIC DEVELOPMENTS
9 November 2018 AUSTRALIAN ECONOMIC DEVELOPMENTS This week the Reserve Bank of Australia (RBA) left the cash rate at a record low of 1.50%. The RBA expects inflation and wages to accelerate gradually from
More informationBaseline U.S. Economic Outlook, Summary Table*
October 2014 Solid U.S. Economic Data Belie Market Turmoil Executive Summary September payroll job growth was above consensus with 248,000 jobs added over the month. September private-sector employment
More informationEconomic Outlook. Economic Analysis Department Spring, 2011 EO11-1
Economic Outlook 2011 2032 Economic Analysis Department Spring, 2011 EO11-1 Table of Contents Preface... i Executive Summary... 1 Recent Economic Performance...2 Reference Case Forecast...3 Manitoba Hydro
More informationRESIDENTIAL REAL ESTATE MARKET OUTLOOK: 2019 WILL BE ANOTHER BANNER YEAR
Québec Federation of Real Estate Boards November 2018 RESIDENTIAL REAL ESTATE MARKET OUTLOOK: 2019 WILL BE ANOTHER BANNER YEAR All economic indicators are green except for one The strong performance of
More informationEconomic ProjEctions for
Economic Projections for 2016-2018 ECONOMIC PROJECTIONS FOR 2016-2018 Outlook for the Maltese economy 1 Economic growth is expected to ease Following three years of strong expansion, the Bank s latest
More informationProvince of Alberta. June, Stephen J Thompson Executive Director Capital Markets, Treasury Board and Finance. and
Province of Alberta US Investor Meetings June, 2017 Stephen J Thompson Executive Director Capital Markets, Treasury Board and Finance and Catherine Rothrock Chief Economist & Executive Director, Treasury
More informationEconomic Survey December 2006 English Summary
Economic Survey December English Summary. Short term outlook Reaching an annualized growth rate of.5 per cent in the first half of, GDP growth in Denmark has turned out considerably stronger than expected
More informationConsensus Forecasts. Real GDP Growth. NZIER Consensus Forecasts shows a softer growth outlook. Annual average % change
NZ Institute of Economic Research (Inc) Media release September Consensus Forecasts NZIER Consensus Forecasts shows a softer growth outlook The latest NZIER Consensus Forecasts expects a slight downward
More informationMLS Sales vs. Listings (seasonaly adjusted)
QUARTER 4: Canada Guaranty Housing Market Review OCTOBER - DECEMBER 21 The Canadian economy posted positive indicators of growth in early 21; however, the optimistic sentiment deteriorated in the latter
More informationRegional Economic Outlook
2015 Regional Economic Outlook Northeast Region Presented by the Credit Unions of Ontario and the Ontario Chamber of Commerce 1 With employment expected to grow somewhat more quickly than the labour force,
More informationNova Scotia Labour Market Review
2005 Nova Scotia Labour Market Review 2005 Nova Scotia Labour Market Review b This publication is available online at labourmarketinfo.ednet.ns.ca. This material may be freely copied for educational purposes.
More informationEconomic Update and Outlook
1 Economic Update and Outlook NAIOP Vancouver Chapter Breakfast Seminar Thursday, November 17, 2011 Helmut Pastrick Chief Economist Central 1 Credit Union 2 Outline: Global and U.S. economies Canadian
More informationThe Implications of New Brunswick s Population and Labour Market Forecasts
The Implications of New Brunswick s Population and Labour Market Forecasts November 22, 2017 John Calhoun Post-Secondary Education, Training and Labour 1 Presentation Outline Population and Labour Market
More informationThe Centre for Spatial Economics
The Centre for Spatial Economics The Economic and Fiscal Impacts of the New Prosperity Mine on British Columbia Prepared for Taseko Mines by Ernie Stokes The Centre for Spatial Economics October 2011 TABLE
More informationModest Economic Growth and Falling GDP Gap
Modest Economic Growth and Falling GDP Gap -. -. U.S. Economic Output (Real GDP - Quarterly Growth Rate).................................... : : : : : : : : : : -. -. -. -. -. -. -. -. -. -. -. -. -. -.
More informationNorth American Economic Outlook: Gradual Though Sustained Recovery
ECONOMICS I RESEARCH North American Economic Outlook: Gradual Though Sustained Recovery Presentation to the Canadian Association of Movers Paul Ferley (416) 974-7231 Assistant Chief Economist paul.ferley@rbc.com
More informationHOUSING MARKET OUTLOOK Canada Edition
Housing Market Information HOUSING MARKET OUTLOOK Canada Edition Date Released: Second Quarter 2010 Housing Activity to Stabilize in 2010-2011 Overview 1 Table of Contents 2 National Outlook 4 Trends at
More informationRegional Economic Outlook. London Region
2015 Regional Economic Outlook London Region Presented by the Credit Unions of Ontario and the Ontario Chamber of Commerce 1 The region is expected to add several thousand jobs (6,200) over the next two
More informationOntario Finances First Quarter Update
Ontario Finances 2015 16 First Quarter Update Contents A. 2015 16 Fiscal Outlook... 1 B. Details of In-Year Changes... 3 C. Ontario s Economic Outlook... 5 D. Economic Performance... 6 E. Details of Ontario
More informationLabour Market Bulletin
Labour Market Bulletin Newfoundland and Labrador 2016 This Labour Market Bulletin provides an analysis of Labour Force Survey results for the province of Newfoundland and Labrador, including the regions
More informationBy 2028, New Brunswick will reverse the negative trend in real non-residential private sector investment and will reach 2008 levels once more.
2017 Constant Dollars Per Capita GOAL 21: Real Non-Residential Private Sector Investment By 2028, New Brunswick will reverse the negative trend in real non-residential private sector investment and will
More informationEdmonton Real Estate Forum. Ron Gilbertson President and CEO Edmonton Economic Development Corporation
Edmonton Real Estate Forum Ron Gilbertson President and CEO Edmonton Economic Development Corporation The Latest Economic News Depression Economic Downturn The Economy What s Going On? Edmonton and Alberta
More informationHOUSING MARKET OUTLOOK Canada Edition
H o u s i n g M a r k e t I n f o r m a t i o n HOUSING MARKET OUTLOOK Canada Edition C a n a d a M o r t g a g e a n d H o u s i n g C o r p o r a t i o n Date Released: Third Quarter 2011 Canada s Housing
More informationAlberta's Economic Outlook
Alberta's Economic Outlook Catherine Rothrock Chief Economist & Executive Director Alberta Treasury Board and Finance December 6, 218 Solid growth in second year of recovery, differentials weigh on 219
More informationSaskatchewan Labour Force Statistics
Saskatchewan Labour Force Statistics April 2017 UNADJUSTED DATA According to the Statistics Canada Labour Force Survey during the week covering April 9 th to 15 th,, 2017, there were 560,100 persons employed
More informationECONOMIC AND BUDGET OUTLOOK Assessing Ontario s Medium-term Budget Plan
ECONOMIC AND BUDGET OUTLOOK Assessing Ontario s Medium-term Budget Plan Spring 2018 About this Document Established by the Financial Accountability Officer Act, 2013, the Financial Accountability Office
More informationCalgary & Area Labour Market Report Annual 2011
Calgary & Area Labour Market Report Annual 2011 Alberta Human Services TABLE OF CONTENTS Introduction... 3 Organization of the Report... 3 Executive Summary... 4 The Economy... 9 Global and U.S. Economies...
More informationAlberta s Imports from the other Provinces and Territories
ECONOMIC COMMENTARY Alberta s Imports from the other Provinces and Territories Highlights: Although Alberta is known to be a major exporter of goods and services to international and Canadian markets,
More informationLabour Market Information Monthly
Canada's population estimates: Subprovincial areas, July 1, 2014 On July 1, 2014, almost 7 in 10 Canadians, or 24,858,600 people, were living in a census metropolitan area (CMA). In turn, more than one
More informationCANADA-PRINCE EDWARD ISLAND JOB FUND AGREEMENT (CJF) ANNUAL PLAN
CANADA-PRINCE EDWARD ISLAND JOB FUND AGREEMENT ANNUAL PLAN September 18, 2014 CANADA-PRINCE EDWARD ISLAND JOB FUND AGREEMENT (CJF) ANNUAL PLAN 2014-15 September 18, 2014 8 Introduction SkillsPEI, a division
More informationBOFIT Forecast for Russia
BOFIT Forecast for Russia 24.9.2015 BOFIT Russia Team BOFIT Forecast for Russia 2015 2017 Bank of Finland BOFIT Institute for Economies in Transition Bank of Finland BOFIT Institute for Economies in Transition
More information2018 PRELIMINARY CORPORATE BUSINESS PLAN & BUDGET Governance & Priorities Committee (GPC) October 16, 2017 Presentation By Murray Totland City
2018 PRELIMINARY CORPORATE BUSINESS PLAN & BUDGET Governance & Priorities Committee (GPC) October 16, 2017 Presentation By Murray Totland City Manager OVERVIEW What s the challenge(s)? What s the response(s)?
More informationU.S. & Missouri Economic Outlook
U.S. & Missouri Economic Outlook Missouri Government Finance Officers Association Jason Brown Economist The views expressed are those of the presenter and do not necessarily reflect the positions of the
More informationIndustry Trends Watch
Costing Trends - Alberta Asphalt Cement (Edmonton Rack $C/t) The Edmonton rack price for asphalt cement surged to $730 per tonne in early May. The rack price index averaged $655 per tonne in April and
More informationNOVEMBER 2017 UPDATE THE QUÉBEC ECONOMIC PLAN
NOVEMBER 2017 UPDATE THE QUÉBEC ECONOMIC PLAN November 2017 update The québec EconomiC plan The Québec Economic Plan November 2017 Update Legal deposit November 21, 2017 Bibliothèque et Archives nationales
More information