This online experience examines the economic outlook for Alberta. We look at projections for GDP, inflation, the labour market, and the resources sectors in the face of federal policies on temporary resident inflows and climate change.
We see steady growth for Alberta through to 2029. We also see inflation stabilizing at the Bank of Canada’s preferred rate by next year. How much of this economic growth is attributed to new residential construction as a response to population gains and demand for housing? How much can be attributed to oil production and penetrating international markets? And with federal policies limiting temporary resident inflows and prioritizing emissions reductions, will there be any major compositional changes to Alberta’s economy?
Read our outlook to get the full report.
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