 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.
: O7 Q: L5 q# o9 L; B; X' j0 N+ {" i h
"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.
5 m) E H0 h# J8 f
* x* d. T# x( \' j4 C1 ?; G# ^Calgary to have Canada's fastest growing economy this year, Conference Board says; Q4 y# ~5 I6 X5 a. E9 d
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."
( Y# X; K0 K2 K7 V0 s6 v" O
) F& V; }; P4 q# hThe Conference Board, meanwhile, points to numerous signs that Alberta's economy is growing even faster than that.
" j2 u& e! ] K" d! U4 s
9 M, X) p$ I; v. R7 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.
% K G$ C V$ [1 D7 J# t
2 j- c7 D. N' D5 S- A+ N6 l2 U4 Z$ Y"With oil prices steadily improving since the summer, Alberta's economic performance could well surprise on the upside once more."# d2 X ~! c( S- I8 x' u* {3 c) m
/ N: D# h: B% N+ j/ a
$ p7 \1 F9 Q' n( T, E6 v2 ?; D
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.) J+ Q9 ] m, S8 u1 _, O6 G0 {
" S8 f$ M. e2 t( H* b$ o4 s g! SIt 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.
/ o( L, G* D3 Y2 K1 J8 D, E2 m
0 H; i- Q( g2 y8 e% v0 K"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.) H$ ^0 L S; M4 T, v
* w) s( b7 X }0 [6 N5 d; i
Oil price rises to 2-year high above $58 US on supply slowdown
4 [) e+ W* E. N& }( {& D* ~Calgary's downtown office vacancy glut shrinks for 1st time since downturn began |
|