 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.+ j" J; y( I. D- Z/ `
- t$ n1 a4 q8 f"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.% D( O# w, R9 S
/ C, K; p1 r1 r" p) h* [+ n. k! R& ZCalgary to have Canada's fastest growing economy this year, Conference Board says) ?/ m$ ^1 v6 W4 c' r5 e# k* v- |& ~
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."
) v7 N3 w$ l; X/ l( H- j2 J( R9 a* t+ r7 g
The Conference Board, meanwhile, points to numerous signs that Alberta's economy is growing even faster than that.
" _9 d0 R# P5 X+ N( K! k; a. {$ S5 S/ J, M; D9 y7 ^( [% g. s
"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.7 }# m+ M+ i5 K7 }+ U9 `
( }9 V9 i. B, c! ]4 ~"With oil prices steadily improving since the summer, Alberta's economic performance could well surprise on the upside once more."
. ~- a4 n! N; s6 j( x6 L l
0 n# z7 ^ `. z; S' r- W/ s
6 g; s( `8 e+ ]& q7 TThe "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.
( z1 }4 J A# [. H* H: t7 x v! T5 a, B; j9 h( l: ~. ~
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.) ^8 k: y. G9 F) R% S% m
4 w4 q- j1 c5 r2 _/ i
"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.3 r% t, s6 e G3 I, N6 t
t9 B) T) G1 k2 f, yOil price rises to 2-year high above $58 US on supply slowdown' C0 C4 o6 z. w% Q) |4 T
Calgary's downtown office vacancy glut shrinks for 1st time since downturn began |
|