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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.
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"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.# T( R+ h4 M3 f0 } C* [" \2 L$ C
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Calgary to have Canada's fastest growing economy this year, Conference Board says5 j+ ^ i5 n" q# }
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.": m6 t) N) `; u' v0 M. N, l
) y0 b/ u% g1 |) H5 |The Conference Board, meanwhile, points to numerous signs that Alberta's economy is growing even faster than that.5 ?. ^- X Y, d+ c9 N( c
% o& T" \) w: T# M; X3 j+ b"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.0 z9 Q/ v2 `5 ?! @4 ?# z
' e6 k3 ` X# E$ K* f* p. [$ J9 d1 Q"With oil prices steadily improving since the summer, Alberta's economic performance could well surprise on the upside once more.") |( X# I; W/ h3 U* E/ V% r
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8 S( w: S4 {. b7 X$ G4 R6 v( a( t+ eThe "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.% f2 G7 j' }3 J/ n$ L0 Q
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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.
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"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.+ i, h0 c! e. |1 Y% W- E2 K# L
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Oil price rises to 2-year high above $58 US on supply slowdown
4 \- q8 C- T0 V* ZCalgary's downtown office vacancy glut shrinks for 1st time since downturn began |
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发表于 2017-11-23 11:38
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发表于 2017-11-23 11:53
