Summary
This document is a technical report that presents the provincial economic forecast for Canada as of December 2024. It includes detailed tables outlining the expected changes in key economic indicators such as Real GDP, Nominal GDP, Employment, Unemployment Rate, Retail Sales, Housing Starts, and Consumer Price Index for each province. The report provides forecasts for the years 2024 to 2026, indicating both growth and decline across various metrics. For instance, the document notes that British Columbia is projected to experience a Real GDP growth of 0.9% in 2024, while Alberta shows a forecast of 2.7%. The report also highlights the unemployment rates across provinces, with Newfoundland and Labrador projected to have an unemployment rate of 9.9% in 2024. The data is presented in a structured format, allowing for easy comparison between provinces and years, and serves as a resource for understanding regional economic trends in Canada.
