Alberta’s 20-Year Outlook—March 2025

Alberta’s 20-Year Outlook—March 2025

Provincial Economic Analysis
15 min read

Author: The Conference Board of Canada

$705.00

This annual economic forecast for the province of Alberta examines the economic outlook for the province, including gross domestic product (GDP), output by industry and labour market conditions.

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Alberta’s economy will grow over the forecast period, however population growth is expected to slow. As labour market dynamics are attached to demographics, will net migration continue to support population growth? Will it be enough to boost the labour force and per capita consumption over the long term? Will Alberta’s housing market remain strong and affordable as the economy grows? And will the oil and gas industry look to diversify as peak oil demand approaches and stricter environmental regulations are introduced?

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