Winnipeg, Manitoba

Economy

Winnipeg is an economic base and regional centre. It has a diversified economy, with major employment in the health care and social assistance (14%), retail (11%), manufacturing (8%), and public administration (8%) sectors. There were approximately 450,500 jobs in the city as of 2019. Some of Winnipeg's largest employers are government and government-funded institutions, including the Province of Manitoba, the University of Manitoba, the City of Winnipeg, Manitoba Hydro, and Manitoba Liquor & Lotteries Corporation. Major private-sector employers include Canad Corporation of Manitoba, Canada Life Assurance Company, StandardAero, and SkipTheDishes. The GDP for the census metropolitan area was CA$45.0 billion as of 2020. The city had an unemployment rate of 5.3% in 2019, compared to a national rate of 5.7%. Household income per capita was $47,824, compared to $49,744 nationally. The Royal Canadian Mint, established in 1976, produces all circulating coinage in Canada. The facility, located in southeastern Winnipeg, also produces coins for many other countries.