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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./ b4 I& b- Z6 y9 @( S) r n
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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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% u1 y) n* R1 f1 d# zCalgary to have Canada's fastest growing economy this year, Conference Board says
3 h, b& V4 n- I& i0 V3 T1 Q9 H2 nThe 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."8 c4 G: m% o) `, Y# t8 p5 Y" ?
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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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"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.5 v# o9 `4 ?7 ]! b* z; S* m
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"With oil prices steadily improving since the summer, Alberta's economic performance could well surprise on the upside once more."# F. ^$ v! x4 h! [
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The "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.0 y0 _# N7 s; c! }6 {( V/ H+ A( v) g
( o' y D& K4 T" A0 kIt 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./ V: A9 A+ `' a r# N2 l
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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.
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, S) K9 K# s1 W2 B" s8 m0 L3 nOil price rises to 2-year high above $58 US on supply slowdown
9 W) ?1 l0 W9 R) F# ^) I$ iCalgary'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
