4 Nov 2014

Canterbury’s economy staying strong

5:47 pm on 4 November 2014

Canterbury's economy is continuing to perform strongly, but the rate of growth is expected to ease over the next two years.

The Canterbury Development Corporation forecasts that it would fall from its current level of 5 percent to about 1 percent.

Chief executive Tom Hooper said, however, that the economy would not be flat in the years ahead because of the strength of the underlying non-rebuild economy.

Canterbury needed to ensure its economy was supported by a permanent population with the right skills and experience across all sectors, he said.

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