Gross Domestic Product (GDP)
Real GDP (a measure of economic growth) has grown negligibly since 2013, rising from $59 billion Canadian dollars in 2013 to $60 billion Canadian dollars by 2017.
Jobs
From 2016 to 2017 the private sector has lost 900 jobs for a total of 567,600. Since 2010 it has added 36,600 jobs and added 94,700 jobs since 2000, showing growth in this sector that has slowed down in 2017. Average hourly wages have grown since 2001, rising from $15.16/hr to $25.95/hr in 2017.
From 2016 to 2017 the Manufacturing sector has added 2,300 jobs for a total of 28,000. Since 2010 it lost 2,100 jobs but overall has not changed since 2000 levels. Average hourly wages have grown since 2001, rising from $17.33/hr to $27.60/hr in 2017.
From 2016 to 2017 the Transportation and Warehousing sector has added 700 jobs for a total of 28,600. Since 2010 it has added 3,500 jobs but only added 1,500 net new jobs since 2000, showing mild growth in this sector. Average hourly wages have grown since 2001, rising from $17.13/hr to $29.12/hr in 2017.
Unemployment
The unemployment rate was 6.8% in May 2018, 0.2% less than in 2017.
Housing
The Consumer Price Index (a measure of cost of living) has consistently increased since 2013, going from 126 to 134 from 2013-2017, above the national average of 130. The Consumer Price Index for Housing has grown more quickly (going from 149 to 164 from 2013-2017) and is far above the national average of 136.
