Navigating Challenges and Moving Forward
Alberta’s economy is becoming more diversified, but natural resources still form its foundation, leaving the province exposed to external risks such as volatile commodity prices, geopolitical tensions, extreme weather, and trade-related pressures.
Amid slower population growth and a decrease in immigration targets, what is our forecast for job growth and which sectors will post job gains over the forecast period? Which industries will gain momentum and spearhead investment growth? What is the outlook for the oil and gas industry in light of trade tensions with the U.S. and a subdued oil price environment?
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