When it comes to provincial economic growth, British Columbia's economy is set to lead the pack next year, as the start of construction on the $40 billion Kitimat LNG project begins.
It’ll be a different story in neighbouring Alberta, where steps the province has taken to boost oil prices will weigh on growth, especially in the first half of the year. But no matter where you live in Canada, you’re likely to feel the bite of higher interest rates. For more information on what’s in store for your region, watch RBC Economics Deputy Chief Economist Dawn Desjardins here, or read our latest provincial outlook report.
As Deputy Chief Economist, Dawn contributes to the macroeconomic and interest rate forecasts for Canada and the U.S. Before joining RBC, Dawn worked as a reporter for Bloomberg Financial News in Toronto covering the Canadian bond and currency markets. She also spent ten years as the Canadian bond market strategist for a major U.S. bank.
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