Alberta Economic Forecast
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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
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