The Conference Board of Canada says that British Columbia will outpace the other provinces this year with growth of 2.7 per cent. Its Provincial Outlook says that there will also be reasonable growth in Ontario (2.4 per cent), Manitoba (2.3 per cent), Nova Scotia (2.1 per cent), PEI and Quebec (both 1.7 per cent).
Alberta (decline of 1.1 per cent), Saskatchewan (growth of 0.7 per cent) and Newfoundland and Labrador (no growth) will all suffer from the lower oil prices. New Brunswick will gain by 0.8 per cent.
Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate
More market watch: