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Economic Indicators

Demographics - Population

  • City of Winnipeg
    763,900
    +1.4%
  • Winnipeg CMA
    844,566
    +1.5
  • Canada
    37,589,262
    +1.4%

Source: Statistics Canada. Table 17-10-0142-01, Table 17-10-0135-01, Table 17-10-0005-01

Demographics - Median Age

  • Winnipeg CMA
    38.0
    0.0
  • Canada
    40.8
    0.0

Source: Statistics Canada. Table 17-10-0135-01, Table 17-10-0005-01

Demographics - Total Net Migration

  • Canada
    303,243
    +3.6%
  • Winnipeg CMA
    6,336
    +3.3%

Source: Statistics Canada. Table: 17-10-0136-01

Demographics - Household Income Per Capita

  • Winnipeg CMA
    $47,824
    +2.1%
  • Canada
    $49,744
    +2.8%

Source: Conference Board of Canada, Metropolitan Outlook 1: Winnipeg—Winter 2020

Economy - Real GDP at Basic Prices

  • Winnipeg CMA
    $43.8B
    +1.9%
  • Canada
    $2.1T
    +1.6%

Source: Conference Board of Canada, Metropolitan Outlook 1: Winnipeg—Winter 2020

Economy - Retail Sales

  • Winnipeg CMA
    $13.4B
    +2.2%
  • Canada
    $617.4B
    +1.9%

Source:Conference Board of Canada, Metropolitan Outlook 1: Winnipeg—Winter 2020

Economy - Consumer Bankruptcies

  • Winnipeg CMA
    834
    -4.5%
  • Canada
    54,409
    -1.2%

Source: Innovation, Science and Economic Development Canada, Insolvency Statistics in Canada, 2019

Economy - Business Bankruptcies

  • Winnipeg CMA
    16
    +6.7%
  • Canada
    2,746
    +2.6%

Source: Innovation, Science and Economic Development Canada, Insolvency Statistics in Canada, 2019

Economy - Consumer Price Index (All Items)

  • Canada
    136.0
    +2.0%
  • Winnipeg CMA
    136.4
    +2.3%

Source: Statistics Canada. Table 18-10-0005-01

Economy - Manufacturing Shipments

  • Manitoba
    $19.3B
    -0.2%
  • Canada
    $688.0B
    +0.4%%

Source: Statistics Canada, Table  16-10-0048-01

Economy - Merchandise Exports

  • Manitoba
    $14.0B
    +2.9%
  • Canada
    $546.7B
    +5.7%

Source: Innovation, Science and Economic Development Canada 

Economy - Average Weekly Earnings (All Industries)

  • Canada
    $1015.6
    +3.2%
  • Manitoba
    $920.1
    +3.4%

Source: Statistics Canada. Table: 14-10-0064-01

Real Estate - MLS Average Residential Price

Winnipeg remains one of the MOST AFFORDABLE major cities in Canada to buy a home.

  • Winnipeg
    $301,518
    +1.9%
  • Canada
    $490,554
    -4.2%

Source: “CMHC's Housing Market Outlook.” Canada Mortgage and Housing Corporation, 2019

Real Estate - Total Building Permit Values

  • Winnipeg CMA
    $2,051M
    -0.1%
  • Canada
    $99,773M
    +4.7%

Source: Statistics Canada

Real Estate - Total Housing Starts

  • Winnipeg CMA
    4,965
    -7.8%
  • Canada
    208,685
    -2.0%

Source: Statistic Canada. Table: 34-10-0134-01, Table: 34-10-0126-01

Real Estate - Commercial Office Space (Average Asking Net Rate per square foot)

  • Winnipeg Q1
    $17.03
    +0.4%

Source: Colliers International

Real Estate - Commercial Office Space (Vacancy Rate)

  • Winnipeg Q1
    11.2%
    +6.4 % Point Change

Source: Colliers International

Tourism - Total Person Visits

  • Winnipeg CMA
    3.8M
    +4.6%
  • Canada
    347.5M
    +0.4%

Source: Statistics Canada, Research Resolutions & Consulting Ltd. (Cities 2014)

Tourism - Total Expenditures

  • Winnipeg CMA
    $673M
    +8.4%
  • Canada
    $58,045M
    +3.6%

Source: Statistics Canada, Research Resolutions & Consulting Ltd. (Cities 2014)

Tourism - Hotel Occupancy

  • Winnipeg
    70.1%
    0.0 % Point Change
  • Canada
    65.1%
    -1.1 % Point Change

Source: CBRE Hotels, National Market Report, December 2019

Tourism - Hotel Average Daily Rate

  • Winnipeg
    $127.77
    -0.6%
  • Canada
    $163.52
    +0.8%

Source: CBRE Hotels, National Market Report, December 2019

Tourism - Hotel RevPar

  • Winnipeg
    $89.62
    -0.6%
  • Canada
    $106.52
    -0.8%

Source: CBRE Hotels, National Market Report, December 2019

Labour Force (x1,000)

  • Winnipeg CMA
    469.6
    -0.4%
  • Canada
    20,199.6
    +2.0%

Source: Statistics Canada, Table: 14-10-0096-01, Table: 14-10-0090-01

Labour Force - Employment (x1,000)

  • Winnipeg CMA
    444.8
    +1.5%
  • Canada
    19,055.7
    +2.1%

Source: Statistics Canada, Table: 14-10-0096-01, Table: 14-10-0090-01

Labour Force - Unemployment Rate

  • Winnipeg CMA
    5.3%
    --15.9 % Point Change
  • Canada
    5.7%
    -1.7 % Point Change

Source: Statistics Canada, Table: 14-10-0096-01, Table: 14-10-0090-01

Labour Force - Participation Rate

  • Winnipeg CMA
    67.4%
    -1.2 % Point Change
  • Canada
    65.7%
    +0.5 % Point Change

Source: Statistics Canada, Table: 14-10-0096-01, Table: 14-10-0090-01

YES! Winnipeg Investors

PCL Construction

PCL Construction PCL Construction

PCL Construction Canada Inc. has constructed some of Manitoba’s most well-known buildings, including the Canadian Museum for Human Rights, Manitoba Hydro Place and the new True North Square.

Economic Development Winnipeg

Suite 810, One Lombard Place
Winnipeg, Manitoba
Canada R3B 0X3

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