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.
Provincial Outlook Economic Forecast for Alberta: Autumn 2014
Provincial Outlook Economic Forecast for Alberta: Autumn 2014
Provincial Economic Analysis
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- The oil price shock will cut energy investment in 2015 for both conventional and non-conventional oil projects.
- The entire Alberta economy will be hurt as labour demand cools.
- The downturn in the energy sector is not expected to last beyond 2016, as oil prices will recover.
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