Weekly Economic Update - Week of December 5, 2016
Housing starts are down, but Albertans are starting businesses at a rapid rate.
The Alberta economy has long been the engine of Canadian growth; in 2016 this did start to change as eastern Canada saw important improvements and Alberta has struggled to move its economy forward. The return potential from Shale gas has impacted the ability of the oil sands to attract investment capital, which will impact Alberta's recovery. We have attached the economic update from the Alberta Government... it is very interesting reading, take the time to read it as you plan for your business in 2017.