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Real Strategy Market Outlook: Q1 2020

Real Strategy Market Outlook: Q1 2020

In the first quarter of 2020, all economies were profoundly affected due to the advent of COVID-19. The Ottawa-Gatineau economy however, is set to see employment growth around 2% as the region’s public service, high tech, construction, and retail/distribution sectors expand. Building off a 2019 GDP of 2.1% and employment growth of 1.3%, Real Strategy Advisors expects the Ottawa-Gatineau market to be less affected by the larger economic uncertainty abound.

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