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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.7 i" T- O+ v1 r2 J* V4 `# J
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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.& Q, y& O. q0 Z. C
7 d) U N- w# y9 `% F+ z6 F% yCalgary to have Canada's fastest growing economy this year, Conference Board says- T/ p4 R& x Q0 [* a/ x$ {2 n
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."
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The Conference Board, meanwhile, points to numerous signs that Alberta's economy is growing even faster than that.
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, s5 n# e5 }4 I7 F$ `8 N2 f"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.
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6 o, H8 B) g- K0 H7 H"With oil prices steadily improving since the summer, Alberta's economic performance could well surprise on the upside once more."
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- P- }/ O) y, Z3 b4 kThe "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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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.! s" S T5 N2 j" A! h a3 s! O. B
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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.% s+ R* c8 ]. N' D% V. ~6 ?. d
2 e' Q/ K. v* G- Z8 f ~Oil price rises to 2-year high above $58 US on supply slowdown& f$ J) P1 O3 p m! K# N
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
