Weaker economic growth forecast for all provinces in 2018
Retrieved on:
Tuesday, May 29, 2018
"Weaker economic growth is forecast across the country, with only British Columbia, Prince Edward Island, Ontario and Quebec expected to see growth above 2 per cent this year," said Marie-Christine Bernard, Director, Provincial Forecast, The Conference Board of Canada.
Key Points:
- "Weaker economic growth is forecast across the country, with only British Columbia, Prince Edward Island, Ontario and Quebec expected to see growth above 2 per cent this year," said Marie-Christine Bernard, Director, Provincial Forecast, The Conference Board of Canada.
- Following growth of 4.9 per cent in 2017, Alberta's economy is forecast to expand by 1.9 per cent this year.
- Quebec and Ontario's economies will advance at a more moderate pace this year as both provinces are facing weaker growth for household consumption.
- Aside from P.E.I., the Atlantic provinces will see modest economic growth in 2018.