Investor Presentaiton

Economic structure AB's population expected to grow Change in the Alberta population by component 140 120 Natural Increase (Left) Net Interprovincial (Left) 100 (Thousands) 80 60 40 20 0 -20 2009 (%) Net International (Left) -Population Growth (Right) 3.5 3.0 2.5 2.0 2015 2016e 2017f 2018f 2019f 1.5 1.0 0.5 0.0 -0.5 2010 2011 2012 2013 2014 Population gains driven by natural increases and immigration Sources: Statistics Canada and Alberta Treasury Board and Finance, f-forecast Alberta 10

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