A key driver to Alberta’s growth is the energy industry, which is poised to see large gains as oil sands production ramps up. The manufacturing industry is expected to strengthen as global growth picks up, increasing exports in 2014. The agriculture industry is also expected to expand through the forecast period, building on a very strong production year in 2013.
New migrants have provided Alberta with a much‑needed source of labour, and have helped the economy grow at a solid rate without bumping into major labour supply constraints and cost pressures. Migration, while forecast to moderate from record levels, will continue to support a strong housing market and further gains in consumer spending in Alberta over the forecast period. To Read more about the report: click here