Investor Presentaiton
Doing Business in Alberta
Competitiveness
In 2016, Alberta's business sector had the highest labour productivity
level in the country. The total value added per hour worked in Alberta
exceeded the Canadian average by about 39 per cent.
Alberta's productivity advantage over other Canadian provinces is
substantial; however its rate of productivity growth had been slow for
many years. This low productivity growth rate was due to changes in the
nature and composition of Alberta's energy output. In the last few years
Alberta's productivity performance has improved because of a
productivity resurgence in the energy sector.
Although Alberta's short-term economic growth prospects have weakened
because of low energy prices, Alberta's long-term economic growth
prospects remain solid. Continued long-term economic growth depends
on increased productivity growth in order to optimize the economic
benefits from energy investment in Alberta, and to encourage higher value
added activity and industrial diversification.
Alberta
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