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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.% A. k5 C8 A: Y
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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.
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8 r" `. ~% y. p8 `Calgary to have Canada's fastest growing economy this year, Conference Board says
; Z) u! u. S& F# D. F7 D0 OThe 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."
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The Conference Board, meanwhile, points to numerous signs that Alberta's economy is growing even faster than that.# T) F9 _) N6 L) S: n$ O% ^
; F- u2 ^1 y% v% t"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./ Q# u5 _' T2 X0 S: }# O
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"With oil prices steadily improving since the summer, Alberta's economic performance could well surprise on the upside once more."# E0 a* Q, i/ B+ R8 Z w
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. F* X, z: b) A4 S. lThe "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.
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4 }5 A, ^; q! M6 D- |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.+ C G& l+ \) y$ `( y" v: G
! p; e0 U0 V0 H$ V+ ^6 jOil price rises to 2-year high above $58 US on supply slowdown5 Y" _3 Y/ o1 R/ m# a' l
Calgary'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
