The Free Press: Manitoba trails provincial peers in 2024 GDP growth
Manitoba’s GDP growth lagged behind all other Canadian provinces in 2024.
The keystone province logged a 1.1 per cent increase in its gross domestic product, falling short of the 1.6 per cent national average. Ontario and British Columbia were not much better, clocking rates of 1.2 per cent each.
“It’s not surprising that … Manitoba was a bit below the national average,” said Fletcher Baragar, a University of Manitoba economics professor.
Typically, Manitoba falls behind when the economy is doing well and takes a lead when the economy is struggling. It’s because the provincial economy is diverse, Baragar said.
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