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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.
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* q1 \, [& U$ N$ r! q# y. n* D& I) L# E" F"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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, @6 |" A2 T$ S: pCalgary to have Canada's fastest growing economy this year, Conference Board says) s8 @4 p! B& x Y
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."1 w) F9 _ z6 ~2 E4 J7 C3 [
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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.. G) ^! o: N( I: G
6 y! X, L z8 A! k' o1 Y; j"With oil prices steadily improving since the summer, Alberta's economic performance could well surprise on the upside once more.", a$ ]8 H9 n' O7 A. N
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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.( v" E& G$ }% u0 W
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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.( g. Q: M& _8 T5 a
, t& Y& m8 t" @5 V. d& Z5 t"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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9 V+ z& ~1 x# UOil price rises to 2-year high above $58 US on supply slowdown
7 |- e. R+ v7 eCalgary'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
