Fixed Income Quarterly—Provinces
Page 3
Provincial Economic Summary
BC Alberta Sask. Manitoba Ontario Quebec NB NS PEI NL Canada Real GDP Growth (chain-weighted : year/year % change)
2013 e 1.8 3.3 3.5 2.4 1.4 1.3 0.5 1.0 1.5 5.5 2.0
2014 f 2.2 3.5 2.5 2.2 2.3 1.7 1.3 1.7 1.3 1.5 2.3
2015 f 2.5 3.3 2.7 2.4 2.5 2.0 1.7 2.1 1.7 0.8 2.5
Employment Growth (y/y % chng)
2013 e -0.2 2.8 3.4 0.5 1.4 1.1 -0.2 -0.3 2.1 1.2 1.3
2014 f 0.6 3.2 1.4 0.4 0.9 0.7 0.4 0.2 -0.1 0.7 1.0
2015 f 1.2 2.2 1.6 1.3 1.3 0.8 0.3 1.0 0.4 0.4 1.3
Unemployment Rate (percent)
2013 e 6.6 4.7 4.0 5.4 7.5 7.7 10.4 9.1 11.4 11.4 7.1
2014 f 6.5 4.2 4.0 5.3 7.4 7.7 10.0 8.7 11.3 11.0 6.9
2015 f 6.2 4.0 3.9 5.0 7.0 7.5 9.8 8.4 11.1 10.8 6.6
HousingStarts (thousands)
2013 e 27.1 36.1 8.2 7.5 60.7 37.5 2.8 3.9 0.6 2.9 187.4
2014 f 24.5 40.0 7.1 6.0 55.0 38.0 2.6 3.2 0.7 3.1 180.1
2015 f 23.0 43.5 7.2 6.0 53.5 37.0 2.5 3.4 0.7 3.2 180.0
Consumer Prices (year/year % change)
2013 e -0.1 1.4 1.4 2.3 1.1 0.8 0.8 1.2 2.0 1.7 0.9
2014 f 0.9 2.2 2.1 1.7 1.7 1.3 1.7 2.0 2.1 1.9 1.6
2015 f 1.8 2.1 1.9 1.8 1.8 1.7 1.7 1.9 1.8 1.9 1.8
f = forecast