The latest economic outlook from Laurentian Bank’s chief economist

THINK OUTSIDE THE BOX:  What’s happening in Alberta isn’t so bad and here’s what’s happening in the rest of Canada.

At the time of writing this Provincial Monitor, the Canadian economy continues to display strong provincial and industrial divergences. The lower commodity prices continue to significantly weigh on economic activity across the country, not only in the three oil-producing provinces. Fortunately, exports of goods and services to the U.S. are increasing steadily. Canada’s economic transformation also implies that a larger number of Canadians are moving from one province to another, which ultimately leads to considerable regional differences in housing markets and governments’ budgetary results.
This edition of the Provincial Monitor contains one section for each province in which we provide our view on the general economic outlook, the housing market, and the latest fiscal developments. Our detailed forecasts for 2016, 2017 and 2018 are available on pages 16 and 17.  Click here to read the full report.

The Provincial Monitor – August 2016 Edition

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