INVESTMENT INTENTIONS FOR 2016
Capital investment in new fixed and movable assets is expected to decline sharply in 2016 for the second year in a row. The weakness is concentrated in the mining and oil/gas sector. In other industry groups, particularly those in the public sector, investment is expected to be near 2015 levels.
GDP BY INDUSTRY GROUP
The provincial economy was in recession last year with a 1.4% decline in real GDP. Lower output in the construction industry was the main reason.
Summer jobs for students have been hard to find in recent years and 2016 promises to be just as bad.
View Key Economic Indicators
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