Balancing Resiliency and Challenges: Alberta’s Five-Year Outlook

Balancing Resiliency and Challenges: Alberta’s Five-Year Outlook

Provincial
Pages:13 pages15 min read

Author: The Conference Board of Canada

$705.00

In this briefing, we explore the economic outlook for Alberta, including the province’s GDP growth, labour market conditions, housing consumption, industry output, and migration levels.

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Alberta’s labour market remained strong in early 2023 but exhibited a downward trend later in the year. Will there be a further decline in 2024? Consumer spending is anticipated to remain subdued in 2024, growing by only a modest 0.8 per cent. Is spending poised to rebound in the next few years? And will elevated oil prices continue to benefit Alberta’s future financial outlook?

Read the outlook to get our full analysis.

Key findings
Alberta snapshot
Overview
Labour markets
Consumption
Business investment
Industries
Trade
Government
Methodology

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