Embracing Change: Alberta’s Five-Year Outlook—December 2024

Embracing Change: Alberta’s Five-Year Outlook—December 2024

Provincial
12 min read

Author: Jake Lenarduzzi

$705.00

This quarterly 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.

Want a discount? Become a member by purchasing a subscription! Learn More

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.

Require an accessible version of this research?

Upon request, The Conference Board of Canada offers accessible versions of research. Please contact us to request your accessible version.

Learn more about our accessibility policies.

Reviews

Be the first to review “Embracing Change: Alberta’s Five-Year Outlook—December 2024”

There are no reviews yet.