 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.& N: u2 |" Z1 D) h6 ]' s( z
. d3 p# Y9 _4 P0 n# y3 S"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.' x1 ?- d( o# a( q3 N
3 [, R w1 N1 |7 f9 NCalgary to have Canada's fastest growing economy this year, Conference Board says
- g! F, i" N% O+ r3 BThe 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."
% R K1 _4 o, e B8 o- q a
7 H+ J4 |3 ?9 [The Conference Board, meanwhile, points to numerous signs that Alberta's economy is growing even faster than that.
1 \1 C0 p5 d8 N, i& O3 t0 C8 e& r, s e( O0 U h
"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.
, @) [! |2 o2 t+ s9 Y% G( E! i; ?% l
% p9 k5 }8 N$ r0 e, ?( q8 `"With oil prices steadily improving since the summer, Alberta's economic performance could well surprise on the upside once more."; z5 a3 ?' _; r( A# R- R
+ I" l. ^, B M5 Y+ Y
' j/ F# T3 _$ h2 B1 \6 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.) A- e2 a- P8 U y: `5 r% j* b2 o3 s
) L% R9 y. x8 aIt 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.2 I7 N* ]" ~4 V+ r: @
( X& K, q% V% D+ p# J# U"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.
a# o9 L5 V: h* H7 g3 e7 w2 N
, e/ h" ~0 Q5 d: j9 R1 z4 r# |! QOil price rises to 2-year high above $58 US on supply slowdown
0 `' ~( ]* W4 T/ Q9 E7 D5 ?- VCalgary's downtown office vacancy glut shrinks for 1st time since downturn began |
|