10:48 AM Sep 12, 2022
In a report authored by economists Robert Hogue, Carrie Freestone, and Rachel Battaglia, while 2022 is “shaping up to be another year of solid growth” for the provinces as they come off pandemic-induced contractions from 2020, the growth party is ending.reads their report “The housing downturn will mark a notable turning point for most provincial economies. A booming residential sector in the past two years provided tremendous thrust to the recovery from the pandemic recession,” they write.