CONSUMER SPENDING TRENDS
A number of indicators suggest that the slump in consumer spending ended late in 2016 but the layoffs and tax increases in the provincial budget may put that tentative recovery at risk.
THE MANUFACTURING SECTOR
After a rough patch in 2016, the manufacturing and processing sector is growing in early 2017 but the turnaround is limited to non-durable goods.
Productivity in the provincial economy continues to decline and to do so more quickly than in other provinces. Something needs to change.