 鲜花( 0)  鸡蛋( 0)
|
Alberta's economy is on pace to grow by a blistering 6.7 per cent this year, far outpacing every other province, according to the latest forecast from the Conference Board of Canada.5 G" G7 F$ s6 @! Z& H! ?
0 h3 v9 Z: W# r* P, ?* i J- a* V"Thanks to rising oil production and a swift turnaround in drilling levels, Alberta surged out of recession this year," Marie-Christine Bernard, director of the organization's provincial forecasting, said in a release Wednesday.8 d# a- i0 f- l9 q
2 H: x7 P2 y6 N- j) q
Calgary to have Canada's fastest growing economy this year, Conference Board says- B+ W2 l% Q) A- x7 p
The report comes two days after a projection from ATB Financial that pegs real GDP growth at 3.9 per cent in Alberta for 2017, "which is likely to be the highest among the Canadian provinces."
" n% I f* |4 R4 D: ]" Z& j- F- _0 m3 A8 H. |9 r* y& j( }& ]$ B
The Conference Board, meanwhile, points to numerous signs that Alberta's economy is growing even faster than that.
9 w- y. ?, Q) _5 q: O8 | N8 `5 a% l4 W9 [+ C! c1 l
"The domestic economy also performed well, as consumers who had delayed making major purchases during the recession flocked to car dealerships and retail stores," the report reads.4 V6 ~9 n4 x: ^- e
' j" z+ I! V2 `+ Z! M- e"With oil prices steadily improving since the summer, Alberta's economic performance could well surprise on the upside once more."4 G7 N: u$ e0 V6 o2 P# R
! h1 |) h9 d7 f4 K# Q& }- e8 S# W7 X W# f0 j' g
The "booming growth" in 2017 comes after two years of economic contraction, and the Conference Board cautions that Alberta won't keep up that pace next year.3 w( M8 I7 k+ A6 ?9 D
: Y4 m0 a' |) ^. V0 ]! X
It forecasts provincial GDP to grow by 2.1 per cent in 2018, behind British Columbia's projected rate of 2.7 per cent and Newfoundland and Labrador's 2.4 per cent.6 n& r1 O; |+ ?; |
2 ]. O) c2 Z I7 ~6 x
"However, recent strength in oil prices could help maintain the momentum in drilling and push economic growth higher over the near term," the report adds.
; @1 B9 k2 _1 l3 a% M J0 ]' Z
# ?8 |9 w8 T7 r- T& e4 x6 _Oil price rises to 2-year high above $58 US on supply slowdown
7 Q$ J: f" X* T% w" s; F+ BCalgary's downtown office vacancy glut shrinks for 1st time since downturn began |
|