Gross Domestic Product (GDP)
Real GDP (a measure of economic growth) has grown slowly since 2013, rising from $52 billion Canadian dollars in 2013 to $57.7 billion Canadian dollars by 2017.
From 2016 to 2017 the Private sector has added 10,500 jobs for a total of 644,000. Since 2010 it has added 35,100 jobs and 91,900 since 2000, showing significant growth. The average hourly wage has grown since 2001, rising from $14.64/hr to $23.52/hr in 2017.
From 2016 to 2017 the Manufacturing sector has added 3,000 jobs for a total of 64,000. Since 2010 it has added 4,800 jobs but has still lost a net 5,800 jobs since 2000, showing an overall decline in the sector but a recent slow recovery. The average hourly wage has grown since 2001, rising from $15.86/hr to $24.80/hr in 2017.
From 2016 to 2017 the Transportation and Warehousing sector has added 1,100 jobs for a total of 37,000. Since 2010 it has only added a net 1,100 jobs and a total of 1,600 since 2000, showing general stagnation in this sector. The average hourly wage has grown since 2001, rising from $18.35/hr to $26.05/hr in 2017.
The unemployment rate was 6.5% in May 2018, 0.4% less than in 2017.
The Consumer Price Index (a measure of cost of living) has consistently increased since 2013, going from 123 to 131 from 2013-2017, similar to the national average of 130. The Consumer Price Index for Housing is similar (going from 132 to 141 from 2013-2017) but above the national average of 136.