 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., ?, U0 @+ c4 H. Q7 F u3 ]# m, _
' F. f$ u) Z! L% r# C2 l Q"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.
1 }; P5 ` U' P/ d, D
+ C' ]& h* W, b+ B* y# V( u2 f" PCalgary to have Canada's fastest growing economy this year, Conference Board says
1 n1 R4 n; d/ r Q+ Z1 A! ^! \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."
. p/ Z" r; R% D: E* E3 |* B* S J6 ~- `% g
The Conference Board, meanwhile, points to numerous signs that Alberta's economy is growing even faster than that.# ^# q3 s' i7 O) Q5 {* o
9 q% ^( |5 s! c, y"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.# I! _ Y- L7 a" K+ m
6 `, f6 P. O/ i"With oil prices steadily improving since the summer, Alberta's economic performance could well surprise on the upside once more."1 O/ J; p) G+ L f
# O$ b! g! v- q
) D7 J K: Q; V& d# FThe "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.
4 U9 A$ C; _% @. F$ f
[7 z1 X4 T9 {9 \- ZIt 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.
) Q3 t7 Z- L' A/ Z; z0 Y3 k! F# P7 C# V
"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+ D( F. q2 J: N
L8 H) V$ X$ ^& Z
Oil price rises to 2-year high above $58 US on supply slowdown2 p. f" ?4 |0 J* h* U
Calgary's downtown office vacancy glut shrinks for 1st time since downturn began |
|