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Real GDP is expected to grow by 1.4% in 2014 in the St. John’s Census Metropolitan Area (CMA) to $14.8 billion. Employment within the CMA is forecasted to increase 1.6%, driven by activity at the Hebron, Hibernia and the Muskrat Falls developments. This will offset the declines resulting from the completion of construction at Vale’s nickel processing plant in Long Harbour.
Source : Cushman & Wakefield
