Albertan Canada Economic and Pipeline Update

Economic structure Alberta's population continues to grow Change in the Alberta population by component (1) 140 120 Natural Increase (Left) Net Interprovincial (Left) Net International (Left) -Population Growth (Right) 100 80 60 (Thousands) 40 20 0 -20 -40 2006 2007 2008 2009 2010 2011 2012 2013 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0 -0.5 2014 2015 2016 2017 2018f 2019f 2020f Alberta's population of 4.3 million(2) is forecast to expand faster than Canadian average, supporting consumer spending and housing 2004 2005 (1) Statistics Canada and Alberta Treasury Board and Finance, Budget 2017, f-forecast (2) Estimated July 1, 2017 Alberta Canada 4

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