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Its just-released Economic Outlook 2024 report highlights several positive economic trends for the city.
Significant growth is also anticipated in sectors such as forestry, fishing, mining, quarrying, oil and gas, and construction, which are expected to see a collective increase of 5.1 per cent. There will be more people, but they'll also be earning more, the report said. It projects a 5.6-per-cent increase in household income, reaching just under $13 billion.
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