ATB Financial's Economic Outlook Sheds Light on Future for Alberta According to ATB Financial’s Alberta Economic Outlook for August 2018, the western Canadian province’s economy is expected to slowly recover and experience slight grow over the next couple years. Some important findings of the report include the fact that … [Read more...]
In-Migration from British Columbia & Saskatchewan to Alberta (1977 to 2017)
April 17, 2018 by Leave a Comment
Migration to Alberta from BC and Saskatchewan? The feuds that have occurred as of late between British Columbia and its two eastern neighbours – Alberta and Saskatchewan – have been the centre of attention of media across the country. First it was the opposition to the Trans Mountain Pipeline Expansion, then came the wine … [Read more...]
Positive Alberta Interprovincial Net Migration is Back (Q3 2017)
January 22, 2018 by Leave a Comment
Interprovincial Migration, Indicative of Recovery? Perhaps one of the most convincing indicators the economy is on the upswing is that net interprovincial migration to Alberta is now once again in the green! Also see Alberta: Canada's Population Powerhouse. According to the latest reports released by Statistics Canada, … [Read more...]
A Citizen’s Watch: Alberta Economics
November 18, 2017 by
From Income and Employment to Commodities and Migration... Economics for Calgary, Alberta & Western Canada as a Whole Real estate values are supported by supply and demand along with consumer confidence in the shorter term and by the economic fundamentals over the long. Calgary is experiencing positive migration, job … [Read more...]
Alberta Unemployment Still a Challenge Despite GDP Growth
November 17, 2017 by Leave a Comment
Industry Growth Overshadowed by Unemployment Rate Heading into 2018 According to the latest indicators and reports, Alberta’s economy is finally reversing its downward slide that it’s been on over the past few years. The province’s agriculture, oil and gas, food processing, manufacturing and retail industries are all … [Read more...]
Is Alberta Finally Coming Out of Recession?
September 23, 2017 by Leave a Comment
Alberta Employment Growth Trends Suggest So... One indicator economists frequently use to determine if an economy is going into or coming out of recession is employment.What do the trends look like for adults, youths, males, females, in specific industries, genders, etc.? Without a doubt, the past few years have been tough on … [Read more...]
Alberta Leads Canadian Provinces w/ Highest Household Income
September 10, 2017 by Leave a Comment
Latest Census Data Shows Alberta Fared Well in 2015 According to the latest census data from Statistics Canada, Alberta leads all Canadian provinces when it comes to average household income, but places third when including the territories behind the Northwest Territories and Nunavut. In 2015, Alberta had a household median … [Read more...]
Manufacturing in 2016 : Alberta vs. Ontario
August 22, 2017 by Leave a Comment
Comparing Alberta to Canada's Manufacturing Powerhouse The oil and gas sector is one of Alberta’s largest industries, but there are some others – such as manufacturing – that call the western Canadian province home. As a matter of fact, this industry is a key part of Alberta’s economy. In 2016 alone, manufacturers generated … [Read more...]
Calgary Stampede Attendance High, a Good Economic Indicator
July 14, 2017 by Leave a Comment
Calgary Stampede 2017 Attendance on Par with 10-year Average There’s a big YAHOO to be had when it comes to the total amount of entry tickets bought for the 2017 Calgary Stampede. According to ATB Financial, attendance for this years 10-day event tallied in at 1,214,972 people, over 10 percent more than that seen in 2016. In … [Read more...]
Alberta’s Job Numbers Remain Unchanged in April 2017
June 1, 2017 by Leave a Comment
Is Alberta's Economy Finally Showing Signs of Improvement? There’s good news when it comes to Albertan jobs in the month of April 2017. The number of employees in the province – which has been hit hard in recent years by low energy prices – saw a loss of only 300 jobs while the unemployment rate dropped half a point to 7.9 … [Read more...]
