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Economic Indicators

Demographics - Population

Winnipeg achieved the FIFTH-BEST GROWTH RATE among major census metropolitan areas across Canada.

  • Winnipeg
    811,874
    +2.5%
  • Canada
    36,286,425
    +1.2%

Source: Statistics Canada

Demographics - Median Age

Winnipeg's median age is over TWO YEARS YOUNGER than the Canadian average. 

  • Winnipeg
    38.1
    -0.3
  • Canada
    40.6
    +0.1

Source: Statistics Canada

Demographics - Total Net Migration

  • Winnipeg
    14,027
    +67.5%
  • Canada
    313,925
    +67.5%

Source: Conference Board of Canada

Demographics - Personal Disposable Income Per Capita

  • Winnipeg
    $30,841
    +1.0%
  • Canada
    $32,141
    +2.6%

Source: Conference Board of Canada

Economy - Real GDP at Basic Prices

Winnipeg achieved the THIRD STRONGEST ECONOMIC GROWTH among major metropolitan areas in Western Canada

  • Winnipeg
    $37.6B
    +3.2%
  • Canada
    $1.79T
    +1.5%

Source: Conference Board of Canada

Economy - Retail Sales

  • Winnipeg
    $11.78B
    +4.2%
  • Canada
    $550.7B
    +5.1%

Source: Conference Board of Canada

Economy - Consumer Bankruptcies

  • Winnipeg
    913
    +18.0%
  • Canada
    15,185
    -2.6%

Source: Innovation, Science and Economic Development Canada

Economy - Business Bankruptcies

  • Winnipeg
    12
    +9.1%
  • Canada
    703
    -11.6%

Source: Innovation, Science and Economic Development Canada

Economy - Consumer Price Index (All Items)

  • Winnipeg
    128.1
    +1.2%
  • Canada
    128.4
    +1.8%

Source: Statistics Canada

Economy - Manufacturing Shipments

  • Manitoba
    $17.4B
    +1.3%
  • Canada
    $612.5B
    +1.2%

Source: Statistics Canada

Economy - Merchandise Exports

  • Manitoba
    $13.47B
    -1.8%
  • Canada
    $521.3B
    -0.7%

Source: Statistics Canada

Economy - Average Weekly Earnings (Industrial Aggregate)

  • Manitoba
    $857.00
    +1.8%
  • Canada
    $940.28
    +1.9%

Source: Statistics Canada

Real Estate - MLS Average Residential Price

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

  • Winnipeg
    $315,720
    +4.3%
  • Canada
    496,500
    +5.7%

Source: Winnipeg REALTORS, Canadian Real Estate Association, 2017

Real Estate - Total Building Permit Values

  • Winnipeg
    $2,001M
    +25.4%
  • Canada
    $85,902M
    +0.9%

Source: Statistics Canada

Real Estate - Total Housing Starts

  • Winnipeg
    4,054
    -7.9%
  • Canada
    180,642
    -0.5%

Source: Statistics Canada

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

  • Winnipeg
    $17.34
    -3.3%
  • Canada
    $19.97
    -3.9%

Source: CBRE

Real Estate - Commercial Office Space (Vacancy Rate)

  • Winnipeg
    8.7%
    -2.4%
  • Canada
    13.3%
    +1.1%

Source: CBRE

Tourism - Total Person Visits

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

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

Tourism - Total Expenditures

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

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

Tourism - Airport: Total Enplaned & Deplaned Passengers

  • Winnipeg
    4.01M
    +6.3%
  • Canada
    133.4M
    -4.8%

Source: Winnipeg Airports Authority

Tourism - Hotel Occupancy

  • Winnipeg
    65.7%
    +2.5%
  • Canada
    63.8%
    +0.3%

Source: CBRE Hotels

Tourism - Hotel Average Daily Rate

  • Winnipeg
    $124.33
    -0.7%
  • Canada
    $148.53
    +3.3%

Source: CBRE Hotels

Tourism - Hotel RevPar

  • Winnipeg
    $81.70
    +3.3%
  • Canada
    $94.82
    +3.8%

Source: CBRE Hotels

Labour Force (x1,000)

EMPLOYMENT GAINS WERE REALIZED IN OTHER INDUSTRIES helping keep the overall employment picture positive.

  • Winnipeg Sep
    460.4
    +1.3%
  • Canada Sep
    19,443.0
    +0.8%

Source: Statistics Canada

Labour Force - Employment (x1,000)

  • Winnipeg Sep
    435.2
    +2.6%
  • Canada Sep
    18,083.1
    +0.7%

Source: Statistics Canada

Labour Force - Unemployment (x1,000)

  • Winnipeg Sep
    25.2
    -16.6%
  • Canada Sep
    1,359.3
    +2.1%

Source: Statistics Canada

Labour Force - Unemployment Rate

  • Winnipeg Sep
    5.5%
    -1.1%
  • Canada Sep
    7.0%
    +0.1%

Source: Statistics Canada

Labour Force - Participation Rate

  • Winnipeg Sep
    68.0%
    -0.3%
  • Canada Sep
    65.7%
    -0.2%

Source: Statistics Canada

YES! Winnipeg Investors

CN Rail

Canadian National Railway CN Rail

CN’s national training campus is in Winnipeg. Since opening in 2014, more than 12,000 CN employees have been trained here.

Economic Development Winnipeg

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

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