Statistics Canada just released a new study called The Alberta economic juggernaut. The study’s intent is to show the massive economic growth in that province.
In order to do that Stats Can looks at the other provinces as well.
Since 2000, guess who is dead last for GDP growth?
Since 2000, guess who is dead last for Final domestic demand (in chained 1997 dollars)?
There’s a bunch of tables in this report – I don’t have time to review them all but based on a cursory review, it would seem the only category where NB is doing well is average weekly wages. I can’t figure this one out but the 8,000 new public sector jobs and lucrative public wage increases might be driving this somewhat.
Bottom line? GDP growth has been dead last in Canada.
Click here for three summary tables.