Fiscally Responsible
Outcomes and Economic
Growth Strategy

Appendix: Economic Indicators

Manitoba Economic Statistics
2017-2021

2017

2018

2019

2020

2021

(Millions of Dollars unless noted)

Gross Domestic Product 1

Nominal

71,284

73,373

73,899

72,850

80,449

Real (chained 2012 dollars)

66,670

67,987

68,257

65,122

67,973

Investment

Residential Construction

3,657

3,366

3,642

3,832

4,946

Housing Starts All Areas (Units)

7,501

7,376

6,946

7,314

8,006

Building Permits

2,986

2,974

3,554

3,018

3,853

Non-Res. Building Construction

1,754

1,889

2,110

2,330

1,888

Non-Res. Capital Investment

9,140

9,392

9,476

7,944

8,241

Private Capital Investment

4,385

5,169

5,706

4,749

4,945

Public Capital Investment

4,755

4,223

3,771

3,196

3,296

Sectors

Manufacturing

19,308

18,999

18,930

18,438

20,777

Retail Trade

20,362

20,809

20,982

20,995

24,050

Wholesale Trade

18,956

19,224

18,425

18,541

19,948

Farm Cash Receipts

6,692

6,625

6,662

7,026

8,381

Crops

4,276

4,201

4,006

4,369

5,180

Livestock

2,238

2,244

2,401

2,362

2,783

Direct Payments

178

180

255

295

418

Mining and Petroleum 1

2,540

2,711

2,199

1,722

1,873

Foreign Merchandise Exports

Total

13,886

15,484

15,925

15,751

17,443

USA

8,957

10,925

12,095

10,997

12,303

Non-USA

4,928

4,559

3,830

4,754

5,140

Labour Market

Labour Force (000s)

678.4

690.5

692.4

685.8

697.9

Employment (000s)

641.8

649.0

655.4

630.9

653.3

Participation Rate (%)

66.9

67.2

66.6

65.5

66.4

Unemployment Rate (%)

5.4

6.0

5.3

8.0

6.4

Youth Unemployment Rate (%)

11.3

11.2

11.1

16.2

11.7

Average Weekly Earnings ($)

910.37

936.61

953.81

992.54

1,023.81

Compensation of Employees ($M)

34,947

36,110

36,677

36,186

39,235

Consumer Price Index

(2002=100)

130.5

133.8

136.8

137.5

142.0

Population

July 1st estimates (in thousands)

1,334.8

1,352.8

1,370.0

1,380.6

1,383.8

1 Manitoba Bureau of Statistics

Source: Manitoba Bureau of Statistics and Statistics Canada

Totals in the statistical tables may not add due to rounding.

Manitoba Economic Statistics

2017

2018

2019

2020

2021

(Annual Percentage Change)

Gross Domestic Product 1

Nominal (MBS)

5.9

2.9

0.7

(1.4)

10.4

Real (chained 2012 dollars) (MBS)

3.3

2.0

0.4

(4.6)

4.4

Investment

Residential Construction

12.3

(8.0)

8.2

5.2

29.1

Housing Starts All Areas

41.0

(1.7)

(5.8)

5.3

9.5

Building Permits

13.7

(0.4)

19.5

(15.1)

27.7

Non-Res. Building Construction

2.5

7.7

11.7

10.4

(19.0)

Non-Res. Capital Investment

3.1

2.8

0.9

(16.2)

3.7

Private Capital Investment

5.5

17.9

10.4

(16.8)

4.1

Public Capital Investment

1.0

(11.2)

(10.7)

(15.2)

3.1

Sectors

Manufacturing

7.9

(1.6)

(0.4)

(2.6)

12.7

Retail Trade

7.8

2.2

0.8

0.1

14.6

Wholesale Trade

6.4

1.4

(4.2)

0.6

7.6

Farm Cash Receipts

12.2

(1.0)

0.6

5.5

19.3

Crops

18.1

(1.8)

(4.7)

9.1

18.6

Livestock

5.6

0.3

7.0

(1.6)

17.8

Direct Payments

(19.7)

0.8

42.1

15.8

41.4

Mining and Petroleum 1

16.7

6.7

(18.9)

(21.7)

8.7

Foreign Merchandise Exports

Total

3.2

11.5

2.8

(1.1)

10.7

USA

(2.0)

22.0

10.7

(9.1)

11.9

Non-USA

14.4

(7.5)

(16.0)

24.1

8.1

Labour Market

Labour Force

0.9

1.8

0.3

(1.0)

1.8

Employment

1.7

1.1

1.0

(3.7)

3.6

Average Weekly Earnings

2.5

2.9

1.8

4.1

3.2

Compensation of Employees

4.5

3.3

1.6

(1.3)

8.4

Consumer Price Index

(2002=100)

1.6

2.5

2.2

0.5

3.3

Population

July 1st estimates (in thousands)

1.6

1.4

1.3

0.8

0.2

1 Manitoba Bureau of Statistics

Source: Manitoba Bureau of Statistics and Statistics Canada

Totals in the statistical tables may not add due to rounding.

1 The CHT is conditional on provinces and territories meeting the conditions of the Canada Health Act (public administration, comprehensiveness, universality, portability and accessibility) and provisions relating to extra-billing and user charges.