Alberta Economic Forecast slide image

Alberta Economic Forecast

• Economic structure AB's economy at a glance Between 2000 and 2014, the province experienced broad-based industry growth that outpaced the rest of Canada AB's contribution to national GDP in 2015, declined to 16% and about 20% to exports • AB's share of the national population is about 12% Share of nominal GDP by industry, Transportation and warehousing. 5% Public administration 5% Health care and social assistance Other 17% 2015 Mining, quarrying, and oil and gas extraction 19% Construction 11% Trade 9% Young, skilled population with highest employment rate (around 67%) in Canada, despite significant layoffs in 2015 and 2016 6% Professional, scientific and technical Manufacturing 7% services -Finance and Real estate 6% 15% Expect modest recovery in 2017; Real GDP forecasted to increase 2.3% Source: Statistics Canada Alberta 4
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