An independent think tank dedicated to economic progress in Atlantic Canada.

Outlook 2003 - A Delicate Balance: Maximizing Growth in Turbulent Times

November 1, 2002

Vol. 37, No. 3, Fall 2002

Global economic growth has been weaker than expected in 2002.  Although most countries are likely to see positive growth this year, the strong recovery that was expected, particularly in the second half of 2002, has been delayed until 2003. The Canadian economy has been leading the G7 countries in employment growth and industrial production this year. The rapid start-up of oil production from Terra Nova, along with a jump in output from Hibernia, has provided a big boost to GDP growth in Newfoundland and Labrador this year: the province should lead the country with growth in excess of 8%. The economic outlook and the role of key sectors in the other Atlantic provinces are also addressed in this issue.

Publication Files

November 1, 2002

Outlook 2003 - A Delicate Balance: Maximizing Growth in Turbulent Times

 

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