Economies in resource rich provinces expected to grow at a faster rate
Shift to low-carbon economy would bring huge opportunities
Province forecasts higher-than-expected deficit
Longer-term outlook for sector is strong
U.S. downturn will likely affect Ontario more severely than other provinces
Global stocks have cushion to absorb slowdown
Strong growth feeding a growing inflation risk
U.S. economy no longer setting global commodity prices
Production cutbacks to continue
CIBC World Markets report also predicts the TSX will set a new record high, north of 13,000, within the next year