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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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"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.' s# J- @9 J9 A" _
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Calgary to have Canada's fastest growing economy this year, Conference Board says
" o' ~* @4 _1 V, U# _, |) [0 }, OThe 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."
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) v- d7 {7 W2 f7 V$ [/ F$ m2 lThe Conference Board, meanwhile, points to numerous signs that Alberta's economy is growing even faster than that.1 C. B/ n! [8 d+ Y
! k- L% E9 e. L8 t) V( F"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.
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4 d @9 B& Q7 }"With oil prices steadily improving since the summer, Alberta's economic performance could well surprise on the upside once more.") i5 x/ Y8 i3 h$ I- u/ F
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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.
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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.
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+ J+ _: {) N1 k# l"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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Oil price rises to 2-year high above $58 US on supply slowdown9 I$ @* ~' B* s& _+ e
Calgary'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
