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Alberta's economy is on pace to grow by a blistering 6.7 per cent this year, far outpacing every other province, according to the latest forecast from the Conference Board of Canada.' ^: d$ Q \1 O* P7 L3 _
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"Thanks to rising oil production and a swift turnaround in drilling levels, Alberta surged out of recession this year," Marie-Christine Bernard, director of the organization's provincial forecasting, said in a release Wednesday.
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Calgary to have Canada's fastest growing economy this year, Conference Board says
0 K' Z$ B$ [9 o/ \! v; PThe report comes two days after a projection from ATB Financial that pegs real GDP growth at 3.9 per cent in Alberta for 2017, "which is likely to be the highest among the Canadian provinces."
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7 g5 @4 T2 y2 Q$ E4 B' gThe Conference Board, meanwhile, points to numerous signs that Alberta's economy is growing even faster than that.9 q8 D+ F4 o, g
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"The domestic economy also performed well, as consumers who had delayed making major purchases during the recession flocked to car dealerships and retail stores," the report reads.; E- w) s ?* ?/ Y6 x
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"With oil prices steadily improving since the summer, Alberta's economic performance could well surprise on the upside once more."7 z$ _# ^# D$ E" D) Z5 ?- b
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The "booming growth" in 2017 comes after two years of economic contraction, and the Conference Board cautions that Alberta won't keep up that pace next year.* ]$ q% J q$ O! o
7 A9 x7 v1 g+ p2 \) w7 tIt forecasts provincial GDP to grow by 2.1 per cent in 2018, behind British Columbia's projected rate of 2.7 per cent and Newfoundland and Labrador's 2.4 per cent.- N9 i4 j" H" a" e; E9 E! T
$ U2 m u: M) u5 C, a, G. V, z2 Y"However, recent strength in oil prices could help maintain the momentum in drilling and push economic growth higher over the near term," the report adds.
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5 X7 H, o7 e0 G& k0 vOil price rises to 2-year high above $58 US on supply slowdown' N/ j2 h; f2 a# M8 u8 Z- J
Calgary's downtown office vacancy glut shrinks for 1st time since downturn began |
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发表于 2017-11-23 11:38
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发表于 2017-11-23 11:53
