Economic newsEconomic news

Economic news

Québec City CMA records unemployment rate of 4.2% in April

Economic News - In April, the Québec City CMA recorded an unemployment rate of 4.2%, a small 0.1 percentage point raise compared to March. This allowed the CMA to preserve its 2nd place in Canada.

Québec City CMA: Non-residential investment surged 2.4% in the first quarter of 2017

Economic News - The Québec City CMA kicked off 2017 with investments of $192.5 million on the non-residential market in the first quarter, an increase of 2.4% compared to the same period in 2016. In the province of Quebec, the value of non-residential investment reached $2.2 billion for the first three months of 2017, an annual increase of 2%.

Real GDP: The Québec City CMA Confirms 25 Years of Economic Growth

Economic News - According to The Conference Board of Canada, the area’s real GDP was $34.6 billion in 2016, a gain of 1.6% compared to 2015. This performance places Québec City as the only major metropolitan area in Canada to have maintained continuous economic growth for 25 years.

Quebec City region creates 2,100 jobs in the first quarter of 2017 as unemployment drops to 4.1%

Economic News - The Quebec City census metropolitan area (CMA) created 2,100 positions in the first quarter of 2017, marking a total of 447,400 jobs. The region still has one of the lowest unemployment rates in Canada (4.1% at the end of March).

Quebec City region kicks off 2017 by adding 1,300 jobs as employment holds steady at 4.3%

Economic News - The Quebec City census metropolitan area (CMA) kicked off 2017 in fine style by adding 1,300 jobs in January, for a total of 446,600 jobs. For the third consecutive month, unemployment in the region held steady at 4.3%, one of the lowest rates in Canada.

Real GDP was up 1.3% in the Quebec City region in the third quarter of 2016

Economic News - Real GDP rose by 1.3% to $34.6 billion in the Quebec City census metropolitan area (CMA) in the third quarter of 2016 compared with the same period in 2015. During the first nine months of 2016, real GDP in the Quebec City region was up +1.4% compared with the same period in 2015.

Quebec City region posts Canada's lowest unemployment rate (4.6%) in 2016

Economic News - According to Statistics Canada's Labour Force Survey, the Quebec City census metropolitan area (CMA) posted the lowest unemployment rate in Canada in 2016 (4.6%). The regional unemployment rate remained under the 5% mark for the second year in a row (4.7% in 2015).

Québec City region gains 3,100 jobs in October

Economic News - According to Statistics Canada, the Quebec City census metropolitan area (CMA) created 3,100 jobs in October compared with September, for a total of 445,100 jobs. The number of jobs climbed for the fifth month in a row in Quebec City, the longest such period among Canada's Top 8 metropolitan regions.

Québec City confirms its leading position in Canada by addind 4,200 jobs in August as unemployment stands at 4.7%

Economic News - A total of 4,200 jobs were created in the Quebec City census metropolitan area (CMA) from July to August, the highest gain in the province of Quebec and the second highest in Canada. The region reported a total of 439,600 jobs in August, or the same number as in February.

Real GDP in the Québec City region grows by 1.6% in the first half of 2016

Economic News - The Québec City census metropolitan area (CMA) recorded real GDP of $34.4 billion in the first half of 2016, up 1.6% from the same period in 2015. The region had the strongest growth rate in the province of Québec and one of the highest in the country, particularly in Eastern Canada. Regional economic performance was driven by all sectors, including manufacturing (+4.0%), construction (+1.3%) and services (+0.9%).

Newsletter

Subscribe to our newsletter for interesting news and information.

Print this page